Offset
Legal definition for Indian law research
Definition
offset
: a claim or amount that reduces or balances another claim or amount
: set-off [the creditor's own debt was an ]
;also
: the reduction or balance achieved by such a claim
[ȯf-set] vt : to balance, reduce, or calculate by reference to another amount [ the debt against a credit]
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.