Definition of "set-off"

That which is set off against another thing; an offset.  quotations  examples

(dated) That which is used to improve the appearance of anything; a decoration; an ornament.  examples

(law) A counterclaim; a cross debt or demand; a distinct claim filed or set up by the defendant against the plaintiff's demand.  examples

(finance) The situation where a bank or similar organisation repays itself money owed by an accountholder out of his or her account.  examples

(printing) An offset.  examples