offset credit meaning

Verb: offset (offset,offsetting)   `óf'set Compensate for or counterbalance "offset deposits and withdrawals" - countervail   Make up for "His...

[Finance] The highest credit grade available as assigned to a borrower by a lender. Lenders use a credit grading system to qualify borrowers. The higher the borrower's credit grade, the lo...

[American idiom] to be of value or benefit to someone or something; to be of enough value or worth as to enhance someone or something. • I always want to be a credit to my school. • ...

Noun: credit    kredit Approval "he was given credit for his work"; "give her credit for trying" - recognition   Money available for a clien...

1. credit sb with sth usually passive to believe that someone is responsible for something that has happened, especially an important change that has a big effect: ▪ Dav...

[American slang] using credit; buying something using credit.    I tried to buy a new suit on credit, but I was refused.    The Smiths buy everything on credit and ...

[Finance] A reduction in the amount of benefit payments received by a member of a retirement plan which may result when the member owes money to the plan.

[Architecture] In plumbing, two changes of direction which are in succession in a continuous pipe.

[Electronics] 1. The difference between an actual frequency and the desired frequency. 2. In a communications transceiver, the difference between the receiver frequency and the transmitte...

[Finance] A system, such as the arrangement between the Chicago Mercantile Exchange (CME) and Singapore International Monetary Exchange (SIMEX), which allows trading positions established ...