an offsetting amount

USAGE SUMMARY

The phrase "an offsetting amount" is correct and usable in written English.
It can be used in financial or accounting contexts to refer to an amount that counterbalances or reduces another amount. Example: "The company reported an offsetting amount in its financial statements to account for the losses incurred during the quarter."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

2 human-written examples

The proposals would allow a worker to redirect up to two-thirds of his payroll taxes, or up to $1,000 annually, into a personal retirement account, in exchange for giving up the right to an offsetting amount of traditional Social Security benefits.

The New York Times

floated another idea on Friday: pair the new spending number with an offsetting amount of cuts to mandatory spending.

Huffington Post

Human-verified similar examples from authoritative sources

Similar Expressions

54 human-written examples

What the I.R.S. does not consider, Mr. Block and Mr. Kess said, are offsetting amounts like exemptions for a brood of six children or deductions for mortgage interest or a big charitable contribution or thousands of dollars of dental work.

The New York Times

But the reserves are a mixed blessing for the Bank of Mexico, which is obliged to "sterilize" them by selling peso bonds in offsetting amounts.

The New York Times

There are parallel approaches too, which use the offset amount between the cameras to change the depth of the 3D effect.

TechCrunch

The effect of the main forming parameters, such as offset amount, oblique angle, nominal reduction of blank radius, feed rate and path direction, on the spinning forces have been studied theoretically and experimentally.

International Journal of Mechanical Sciences

The same section ruptured again and increased the offset amount during the mainshock that produced the 31-km-long surface rupture along the central to northeastern part of the FHFZ.

Earth, Planets and Space

Fault scarps affecting post-LGM (Last Glacial Maximum) slopes are usually seen as an indication of active tectonics, even if they can barely provide analytical data concerning single coseismic fault rupture (offset amount and age) or significant clues on the seismogenetic behaviour of the causative structure.

Geomorphology

It says: "The reduction in the offsets from the project should be viewed as a validation, not criticism, of the project as it demonstrates that [The Nature Conservancy] and the project funders were willing to adjust the offset amounts based on improved science".

The Guardian

In accordance with previous observations[ 9, 13, 14] the highest spin noise amplitudes are observed when the NMR probe circuit is significantly mistuned, a phenomenon not covered by the theory of McCoy and Ernst.[ 8] Both for positive and negative proton polarization, this mistuning offset amounts to −250 kHz.

ChemPhysChem

Grover Norquist, America's most prominent anti-tax activist, argued that removing the credit without passing an offsetting tax cut amounted to a tax increase.

The Economist

Expert writing Tips

Best practice

When using "an offsetting amount" in financial or accounting contexts, ensure that the relationship between the original amount and the offsetting amount is clearly defined to avoid ambiguity.

Common error

Avoid using "an offsetting amount" when referring to something that merely reduces but does not directly counterbalance an initial quantity. Use a more appropriate term like "reduction" or "decrease" in those cases.

Linguistic Context

The phrase "an offsetting amount" primarily functions as a noun phrase describing a quantifiable value used to counteract or balance another. As demonstrated by Ludwig AI, this phrase is often seen in contexts involving finance, accounting, and economics.

Expression frequency: Rare

Frequent in

News & Media

50%

Science

25%

Formal & Business

25%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "an offsetting amount" is a grammatically sound phrase used to denote a quantity that counterbalances another, primarily within formal contexts like finance and accounting. Though infrequent, it serves a precise communicative purpose. When using this phrase, ensure clarity in defining the relationship between the original and offsetting amounts. As confirmed by Ludwig, this phrase is best suited for scenarios requiring technical precision and is often found in news and media, science and business-related sources. Related alternatives include "a compensating sum" and "a balancing figure".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

a compensating sum

Replaces "offsetting amount" with synonyms, maintaining a focus on monetary compensation.

a balancing figure

Focuses on the numerical aspect of balancing accounts or values.

a countervailing quantity

Uses more formal language to indicate a quantity that acts against another.

a neutralizing value

Emphasizes the action of neutralizing or negating an effect.

a reciprocal quantity

Suggests a direct, inverse relationship where one quantity balances another.

a mitigating factor

Shifts the focus to a factor that reduces the severity or impact.

a corresponding deduction

Highlights the deductive aspect of reducing an overall amount.

an equivalent reduction

Focuses on the equivalence in the amount of reduction.

a counterbalancing measure

Broadens the concept to include measures taken to balance an effect.

an opposing force

Moves away from numerical values to the idea of a force that opposes another.

FAQs

How can I use "an offsetting amount" in a sentence?

You can use "an offsetting amount" to describe a quantity that counterbalances another. For example, "The company reported "an offsetting amount" in its financial statements to account for the losses incurred during the quarter."

What are some alternatives to "an offsetting amount"?

Depending on the context, you could use phrases like "a compensating sum", "a balancing figure", or "a countervailing quantity".

Is it grammatically correct to say "an offsetting amount"?

Yes, "an offsetting amount" is grammatically correct and commonly used in financial and accounting contexts to describe a quantity that reduces or balances another.

When is it appropriate to use "an offsetting amount" instead of "offset"?

"An offsetting amount" is used when you are specifically referring to the quantity that provides the offset, whereas "offset" is the action of counterbalancing. For example, "The investment loss required "an offsetting amount" of capital gains to mitigate taxes" vs. "The capital gains were used to "offset" the investment loss".