Concept cluster: Tasks > Balancing
n
(accounting, taxation) A income tax loss or credit that can be applied to offset previously taxed income or taxes paid, respectively.
n
(signal analysis) The displacement between the base level of a measurement and the signal's real base level.
n
One who, or that which, offsets.
n
Offset; restitution.
n
That which is set off against another thing; an offset.
n
(finance) The situation where a bank or similar organisation repays itself money owed by an accountholder out of his or her account.
n
(accounting) The cancellation of an item; the amount cancelled or lost
adj
Of any system where all gains are offset by exactly equal losses.

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