Offset Account

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Definition: Offset Account

Offset Account
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Full Definition of Offset Account

An account that reduces the gross amount of another account to obtain a net balance.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/offset-account/
Modern Language Association (MLA):
Offset Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 10, 2025 https://payrollheaven.com/define/offset-account/.
Chicago Manual of Style (CMS):
Offset Account. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/offset-account/ (accessed: March 10, 2025).
American Psychological Association (APA):
Offset Account. PayrollHeaven.com. Retrieved March 10, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/offset-account/

Definition Sources

Definitions for Offset Account are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.