offset

Universal Words verb, adjective verb (offsetting, offset, offset) [VN] ~ sth (against sth) to use one cost, payment or situation in order to cancel or reduce the effect of another: Prices have risen in order to offset the increased cost of materials. * (BrE) What expenses can you offset against tax? adjective [onlybeforenoun] used to describe a method of printing in which ink is put onto a metal plate, then onto a rubber surface and only then onto the paper