Meaning of the word offset in English

What does offset mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

offset

US /ˌɑːfˈset/
UK /ˌɒfˈset/
"offset" picture

Noun

a consideration or amount that diminishes or balances the effect of a contrary one

Example:
The extra cost was an offset by the increased sales.
The benefits of the new policy provide a significant offset to its initial drawbacks.

Verb

to counteract (something) by having an opposing force or effect

Example:
The benefits of the new system offset the initial costs.
Her positive attitude helped to offset the negative impact of the bad news.