"offset accounts" is correct and usable in written English.
You can use "offset accounts" when referring to a financial account that allows you to reduce your tax bill by offsetting interest earned against the interest paid on mortgages or loans. For example: "Setting up an offset account can help reduce the amount of money you owe in taxes each year on interest you accrued on your mortgage or loan."
Most offset accounts work by deducting the balance of your savings from the balance of your mortgage – leaving you to pay the interest only on the difference.
But although offset accounts are certainly not suitable for everyone, the recent tougher economic conditions have begun to make them a more attractive proposition for an increasing number of people.
In Equation 1, P offset accounts for the combined heterogeneity of the RF front-end, analog-to-digital converter (ADC) and the processing unit.
Like some others, he says that this is necessary to offset accounts of Nixon as a cartoon figure, a caricature of evil incarnate, a 24/7 monster.
Read heads are the base 1 position up or downstream of the 5′ start position of each read mapped to the genome (the 1 bp offset accounts for the single base trimmed off the 5′ end of the read during mapping).
Having an offset account helps me to clear the debt faster".
Alternatively, an offset account could help you to reduce your monthly mortgage payments, taking some of the financial strain off your monthly budget, at a time when food and energy prices are on the rise.
If you've got a decent amount of savings that you need to maintain easy access to, then putting them into an offset account could help you to pay off your mortgage much faster, while retaining the flexibility you need with your cash.
The stage was then homed and shifted by an offset (accounting for the distance between different banks) and the stage was moved again, this time firing the nozzle from the second bank to print strain 2 when appropriate.
HSBC had $2.6 billion of additional write-downs in its global banking and markets division but they were offset by accounting gains.
A £200m reduction in civil aerospace profit this year will be offset by accounting benefits before the full effect of lower orders and prices for Trent 700 engines impacts on the division's earnings next year.
