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Buffer and Offset

noun

  • Chemistry) an ionic compound that resists changes in its pH. (
  • A neutral zone between two rival powers that is created in order to diminish the danger of conflict.
  • An inclined metal frame at the front of a locomotive to clear the track.
  • Computer science. ( a part of RAM used for temporary storage of data that is waiting to be sent to a device; used to compensate for differences in the rate of flow of data between components of a computer system)
  • A power tool used to buff surfaces.
  • A cushion-like device that reduces shock due to an impact.
  • An implement consisting of soft material mounted on a block; used for polishing (as in manicuring.

verb

  • Add a buffer (a solution. )
    • usage: "buffered saline solution for the eyes"
  • Protect from impact.
    • usage: "cushion the blow"

adjective

  • Of the yellowish-beige color of buff leather.

anything that stands between two other things. For example, an inventory' BUFFER' would be additional inventory over and above committed or planned inventory. The inventory buffer will act as an inventory reserve to ensure that sufficient inventory is available when and if required, i. E., the buffer inventory stands between committed inventory and' out-of-stock' status.

noun

verb

  • Compensate for or counterbalance.
    • usage: "offset deposits and withdrawals"
  • Make up for.
    • usage: "His skills offset his opponent's superior strength"
  • Cause (printed matter) to transfer or smear onto another surface.
  • Create an offset in.
    • usage: "offset a wall"
  • Produce by offset printing.
    • usage: "offset the conference proceedings"

Is: a. In banking, the deduction by a debtor from a claim or demand of a debt or obligation. Such an' OFFSET' is based upon a counterclaim against the party making the original claim. Example: Seller makes a claim or files a lawsuit asking for $20, 000 from Debtor as the final payment in purchase of a restaurant; as part of his defense Debtor claims an offset of $10, 000 for alleged funds owed by Seller for repairs Debtor made on property owned by Seller, thus reducing the claim of Seller to $10, 000; b. In accounting, the amount equaling or counterbalancing another amount on the opposite side of the same ledger or the ledger of another account; c. In securities, the elimination of a long or short position by making an opposite transaction. See also OFFSET ACCOUNT.