netted off against

USAGE SUMMARY

The phrase "netted off against" is correct and is used in written English.
It is usually used in contexts in which there is a conflict or comparison between two or more variables. For example, "The total expenses were netted off against the total income to calculate the company's net profit."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

The receivable of 17.69 billion lire in Fininvest Roma's balance sheet simply netted off against the liabilities of 17.44 billion in Fininvest Srl's balance sheets.

The Economist

And second, each transaction is settled for its entire amount (as opposed to being "netted off" against other payments in the opposite direction).

The Economist

First, on the supply side, the required investment in social housing represents a good deal for the public purse since it provides much-needed employment in the construction industry and its supply chain, and reduced benefit pay-outs and increased tax revenues netted off against the considerable capital investment required.

The Guardian

Its investment in CRM shares would simply have been netted off against the related financing received.It needed to be.

The Economist

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

This positive exposure to the UK capacity market, clarity on regulated networks and actions taken to correct the balance sheet net-off against continued political and retail market risk.

The Guardian - Business

The Comprehensive Spending Review is full of accounting tricks, which may permit departments to raise spending by more than the overall figures suggest for example, by allowing them to net off extra spending against fees and levies they collect (see article).

The Economist

The first is for big financial institutions to "internalise" their trades, netting off buy and sell orders against each other without passing them through an exchange.

The Economist

This would allow banks to net off their purchases of securities against their sales, and thus to reduce the capital they have to set aside against their trading activities.

The Economist

PAGE D5 STILL GREEN, BUT PLAYING BIG ROLES Brandon Dubinsky and Marc Staal of the New York Rangers felt the same queasy feeling after goals bounced into their net off them during their first-round playoff series against the New Jersey Devils.

The New York Times

The ball pinballed into the net off defender Adam Matthews.

Huffington Post

Take the net off of the table.

WikiHow

Expert writing Tips

Best practice

When using "netted off against", ensure the context clearly involves offsetting two quantifiable values or factors. For example, 'The losses were "netted off against" the profits from other ventures'.

Common error

Avoid using "netted off against" in situations where a direct subtraction or removal isn't involved. This phrase is specifically for offsetting quantifiable values, not for general comparisons or evaluations.

Linguistic Context

The phrase "netted off against" functions as a phrasal verb indicating a process of offsetting or reducing a value by another. This is often used in financial or accounting contexts. According to Ludwig, the phrase is correct and found in written English.

Expression frequency: Rare

Frequent in

News & Media

50%

Formal & Business

50%

Science

0%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "netted off against" is a phrasal verb used to describe the process of offsetting one value against another, commonly found in financial contexts. According to Ludwig, the phrase is considered grammatically correct, though it appears less frequently than alternatives like "offset against". It's most appropriate for professional or business settings when discussing financial reports or accounting procedures. While its usage is valid, writers should ensure it fits the context and clearly indicates a quantifiable offset to avoid potential misunderstandings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

offset against

Focuses on the action of balancing one item against another, similar to "netted off against".

balanced against

Highlights the equilibrium achieved when two factors counteract each other.

deducted from

Emphasizes the subtraction of one value from another, often in financial contexts.

subtracted from

Similar to 'deducted from', directly indicating a reduction or removal.

compensated by

Highlights how one element counteracts or makes up for another.

counteracted by

Focuses on the opposing effect of one factor against another.

reduced by

Directly indicates a decrease in quantity or value due to another factor.

taken into account

Shows that something was considered to mitigate or balance another factor.

adjusted for

Highlights the process of making corrections or allowances in calculations.

equalized by

Emphasizes the creation of a balance or equivalence between two elements.

FAQs

How can I use "netted off against" in a sentence?

Use "netted off against" to describe how one value reduces or cancels out another, typically in financial or accounting contexts. For example, 'The tax refund was "netted off against" the outstanding debt'.

What does "netted off against" mean?

It means that one amount has been subtracted from another to arrive at a net value. It suggests a balancing or offsetting action between two items.

What can I say instead of "netted off against"?

Consider alternatives like "offset against", "balanced against", or "deducted from" depending on the specific nuance you want to convey.

Is "netted off against" the same as "balanced off against"?

While similar, "balanced off against" often implies a more general equilibrium, whereas "netted off against" specifically refers to a financial or numerical offset.