offset its losses

USAGE SUMMARY

The phrase "offset its losses" is correct and usable in written English.
It can be used in financial contexts to describe actions taken to balance or counteract financial losses. Example: "The company implemented cost-cutting measures to offset its losses from the previous quarter."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

4 human-written examples

If a bank cannot raise the capital to offset its losses, it should be deemed insolvent and temporarily nationalised.

The Economist

"It has been hard for Asda to mitigate and offset its losses to the discounters with gains from other players".

The Guardian - Business

But he added that the United States had taken unspecified steps in recent months to offset its losses in that area.

The New York Times

The company, which produces televisions for General Electric and RCA, said its solid performance in Asia and Europe could not offset its losses in the United States.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

52 human-written examples

In the contract, A.I.G. agreed to provide Brightpoint an insurance credit of about $12 million that it was able to use immediately to offset its loss of $29 million that year.

The New York Times

It is called biodiversity offsetting, and it means putting a value on the natural world in order to know what has to be done to offset its loss.

The Guardian - Opinion

Eurotunnel raised freight and passenger car tolls to offset its loss of earnings from duty-free sales, which were abolished within Europe in mid-1999.

The New York Times

The companies could consolidate their books, and Fairfax could secure the full tax benefit by offsetting its losses against Odyssey's gains.

The New York Times

Their billions in winnings allowed Goldman to more than offset its mortgage losses and emerge in 2009 stronger than ever.

The New York Times - Books

He added, "There's no question that virtually everyone, from the board of directors on down, everyone understood that the company was seeking to offset its investment losses with its own stock".

The New York Times

In 2005 and 2006 the government gave Sinopec (which depends far more than does PetroChina on crude bought at international prices) subsidies totalling 15 billion yuan ($2 billion) to offset its refining losses.

The Economist

Expert writing Tips

Best practice

When using "offset its losses", clearly state the method or action taken to counteract the financial setback for clarity. For example: "The company implemented cost-cutting measures to "offset its losses" from the previous quarter."

Common error

Avoid using "offset its losses" without indicating the scale or extent of the offset. For instance, instead of saying "The gains offset its losses", specify "The gains fully offset its losses" or "The gains partially offset its losses" to provide a clearer picture.

Linguistic Context

The phrase "offset its losses" functions primarily as a verb phrase, where "offset" is the transitive verb and "its losses" is the direct object. It describes the action of counterbalancing or compensating for financial setbacks. Ludwig AI's analysis confirms its grammatical correctness and common usage.

Expression frequency: Common

Frequent in

News & Media

66%

Formal & Business

17%

Wiki

6%

Less common in

Science

5%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

In summary, the phrase "offset its losses" is a grammatically correct and commonly used verb phrase that describes actions taken to counterbalance financial setbacks. As Ludwig AI points out, the phrase is suitable for neutral and professional contexts, often appearing in news and business reports. To enhance clarity, it's best practice to specify the method or extent of the offset. Alternatives such as "mitigate its losses" or "compensate for its losses" can be used depending on the specific nuance you wish to convey. Remember to avoid vague quantifications and always provide context to ensure a clear understanding.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

mitigate its losses

Focuses on reducing the severity of losses rather than fully counteracting them.

counterbalance its losses

Highlights the act of creating an opposing force to neutralize the losses.

compensate for its losses

Emphasizes providing something equivalent to make up for the losses.

make up for its losses

Suggests restoring what was lost, often through effort or achievement.

recoup its losses

Implies recovering what was lost, often through successful ventures.

recover its losses

Focuses on regaining what was lost, suggesting a return to a previous state.

nullify its losses

Highlights actions that make the losses void or without effect.

negate its losses

Indicates canceling out the losses, often through opposing gains.

balance out its losses

Focuses on achieving equilibrium where gains equal the losses.

neutralize its losses

Emphasizes rendering the losses harmless or ineffective.

FAQs

How can I use "offset its losses" in a sentence?

You can use "offset its losses" to describe actions taken to counterbalance financial setbacks, such as "The company increased sales to "offset its losses" from decreased tourism".

What can I say instead of "offset its losses"?

You can use alternatives like "mitigate its losses", "compensate for its losses", or "make up for its losses" depending on the context.

Is it correct to say "offset for its losses" instead of "offset its losses"?

No, "offset for its losses" is not grammatically correct. The correct phrase is ""offset its losses"", where "offset" directly acts upon the losses.

What's the difference between "offset its losses" and "recover its losses"?

"Offset its losses" means to counterbalance or counteract losses, while "recover its losses" means to regain what was lost. Offsetting involves balancing the losses, whereas recovering focuses on restoring what was previously lost.