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setoff

intermediateB1

/ˈsɛtɔf/ · set-off

The act of offsetting or counterbalancing something, especially in financial contexts.

Meanings

nounformal

The act of offsetting or counterbalancing something, especially in financial contexts.

کسی چیز کو بیلنس یا متوازن کرنے کا عمل، خاص طور پر مالی معاملات میں۔

مقابلہ

muqabla

Formal: متوازن

Synonyms

offsetcounterbalancecompensationآفسیٹتلافیازالہ

Antonyms

imbalanceincreaseaugmentationعدم توازناضافہبڑھوتری

Common Collocations

  • tax setoff
  • setoff agreement
  • setoff clause

Example Sentences

The company used a setoff to reduce its tax liability.

کمپنی نے اپنی ٹیکس ذمہ داری کو کم کرنے کے لیے مقابلہ استعمال کیا۔

Kampani ne apni tax zimmedari ko kam karne ke liye muqabla istemal kiya.

In legal terms, a setoff is used to balance debts owed.

قانونی اصطلاحات میں، مقابلہ قرضوں کو متوازن کرنے کے لیے استعمال ہوتا ہے۔

Qanuni istilahat mein, muqabla qarzon ko mutawazan karne ke liye istemal hota hai.

A setoff can be claimed against any expected payments.

کسی بھی متوقع ادائیگیوں کے خلاف مقابلہ کا دعویٰ کیا جا سکتا ہے۔

Kisi bhi mutawaqqa adaiyagiyon ke khilaf muqabla ka daawa kiya ja sakta hai.

Easily Confused With

set off:Setoff refers to a specific financial term, while 'set off' is a phrasal verb meaning to start a journey or to activate something.

Word Family

set off
verbچالنا
offset
verbمتوازن کرنا

See Also

💡 Memory Tip

Think of 'setoff' as setting off a balance in your financial records.

Imagine two weights on a scale balancing each other.

✍️ Urdu Poetry

* Poetry attribution is AI-generated and may require verification.

🗣️ Urdu Proverb

📖 Etymology

Origin: Old English "set off" — to separate or to cancel out

First known use: 16th century

The term 'setoff' has evolved from the early use of 'set off' meaning to set against or offset in legal and financial contexts.