Undo and Offset

verb

• Cancel, annul, or reverse an action or its effect.
  • usage: "I wish I could undo my actions"
• Deprive of certain characteristics.
  • synonyms: unmake
• Cause the ruin or downfall of.
  • usage: "A single mistake undid the President and he had to resign"
• Cause to become loose.
  • usage: "undo the shoelace"; "untie the knot"; "loosen the necktie"
  • synonyms: untie, loosen
• Remove the outer cover or wrapping of.
  • usage: "Let's unwrap the gifts"; "undo the parcel"
  • synonyms: unwrap

• (v.t.) To reverse, as what has been done; to annul; to bring to naught.
• (v.t.) To loose; to open; to take to piece; to unfasten; to untie; hence, to unravel; to solve; as, to undo a knot; to undo a puzzling question; to undo a riddle.
• (v.t.) To bring to poverty; to impoverish; to ruin, as in reputation, morals, hopes or the like; as, many are undone by unavoidable losses, but more undo themselves by vices and dissipation or by indolence.

noun

• The time at which something is supposed to begin.
  • usage: "they got an early start"; "she knew from the get-go that he was the man for her"
  • synonyms: beginning, commencement, first, outset, get-go, start, kickoff, starting time, showtime
• A compensating equivalent.
  • synonyms: counterbalance
• A horizontal branch from the base of plant that produces new plants from buds at its tips.
  • synonyms: stolon, runner
• A natural consequence of development.
  • synonyms: outgrowth, branch, offshoot
• A plate makes an inked impression on a rubber-blanketed cylinder, which in turn transfers it to the paper.
  • synonyms: offset printing
• Structure where a wall or building narrows abruptly.
  • synonyms: set-back, setoff

verb

• Compensate for or counterbalance.
  • usage: "offset deposits and withdrawals"
  • synonyms: countervail
• Make up for.
  • usage: "His skills offset his opponent's superior strength"
  • synonyms: cancel, set off
• 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"

• (n.) A sum, account or value set off against another sum or account, as an equivalent; hence, anything which is given in exchange or retaliation; a set-off.
• (v.t.) To form an offset in, as in a wall, rod, pipe, etc.
• (n.) In general, that which is set off, from, before or against, something.
• (imp.&p.p.) of Offset.
• (n.) A more or less distinct transfer of a printed page or picture to the opposite page, when the pages are pressed together before the ink is dry or when it is poor.
• (n.) A horizontal ledge on the face of a wall, formed by a diminution of its thickness or by the weathering or upper surface of a part built out from it; -- called also set-off.
• (n.) An abrupt bend in an object, as a rod, by which one part is turned aside out of line, but nearly parallel, with the rest; the part thus bent aside.
• (v.t.) To set off; to place over against; to balance; as, to offset one account or charge against another.
• (n.) A short distance measured at right angles from a line actually run to some point in an irregular boundary or to some object.
• (n.) A spur from a range of hills or mountains.
• (v.i.) To make an offset.
• (n.) A short prostrate shoot, which takes root and produces a tuft of leaves, etc. See Illust. of Houseleek.

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.