"offset of debts" is a grammatically correct phrase that can be used in written English.
It refers to the action of balancing one's debts against another asset or liability. Example: Due to their outstanding performance, the company was able to reduce their overall debt through an offset of debts strategy.
The balance comes, if at all, in barter, bills of exchange, mutual offsetting of debts, and tax credits.The Russian-European Centre for Economic Policy, a monitoring unit sponsored by the European Union, estimates that barter rose as a proportion of all industrial sales in Russia from about 10% in mid-1993 to 40% by the end of 1996.
Clubs were earning record revenues, from television rights and gate receipts — a result of price increases to offset the debts from new stadium construction, in some cases.
For instance, if I worked at a big company that couldn't yet go public but I needed some liquidity for student loans or a mortgage, shouldn't I be able to trade in my shares for some cold hard cash to help offset debts or the cost of living?
The near- term negative impact of a decline in the number of account customers has been offset by the rising debts of the account customers that remain.
The stated debt is deceiving because in real terms Japan only owes the equivalent of 100% of GDP Japan has Y1,000,000 billion in foreign exchange reserves and owns part of its debt, it doesn't offset debt for reporting purposes.
The SLFA was not happy about the decision of the PLB and ordered clubs to honour their fixtures in other venues in the country whilst they try to offset the debt.
The church offset some of his debt against unused vacation time and uninvested retirement withholdings.
The audited statements from Bonlat were used to show cash balances that were reported by the parent company as offsetting high levels of debt on its balance sheet.
The bank reported charges of $4.8 billion related to changes in the value of its debt, partially offset by gains of $3.4 billion from equity investments and debt-related transactions.
"Like many others, I suspect, I have had to extend my working life, but fell foul of the tax laws again when I tried to draw some of my pension money to try to offset the mortgage debt.
Two days before the gala opening of the resplendent SoHo store, Prada announced a $624.1 million bond to help offset its huge debt.
