the GNU version of the Collaborative International Dictionary of English
adj. Compensating for.
The Century Dictionary and Cyclopedia
n. The act of providing with a bend or offset.
Setting off; tending away.
Counterbalancing; equivalent.
n. The stain which is sometimes caused upon the back of a sheet by the colored or printed matter on the sheet which is placed against it.
Word Usage
"Any remaining unused losses can be carried forward to the following year, again offsetting unlimited capital gains and up to $3,000 of ordinary income."