Definition of "offsetting" [off•set•ting]

• Present participle of offset. (verb)
• The act of offsetting (noun)
• An amount offset (noun)

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• "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."
• "It suggested factoring in offsetting trades, central clearing to reduce counterparty risk and the amount and quality of collateral posted."
• "I know that carbon offsetting is not a solution or a free pass to pollute, but I had to do something about my unavoidable emissions."