offset payment

USAGE SUMMARY

The phrase "offset payment" is correct and usable in written English.
It can be used in financial contexts to refer to a payment that is made to counterbalance or adjust another payment or obligation. Example: "The company issued an offset payment to account for the overcharge on the previous invoice."

✓ Grammatically correct

News & Media

Science

Formal & Business

Human-verified similar examples from authoritative sources

Similar Expressions

56 human-written examples

Adam Walters, a campaigner at Greenpeace, said the negotiation over offset payments showed "the system is broken".

The Guardian

Payments from life insurers or pension funds are deducted from the fund's award, though a court awarding damages in a wrongful-death suit would not "offset" payments in this way.

The Economist

The cheap smokes (average price: $1.70 a pack) languished until Philip Morris and R.J. Reynolds started raising the price of premium brands to offset payments to the settlement.

Forbes

Most of that information was also presented in a Washington Post oped. 1. Business-as-Usual is Not Distinguishable -- It is impossible to determine whether a particular project would not have happened but for the additional incentive provided by the offset payments (i.e., would not have ― happened anyway).

Huffington Post

The offsetting swaps were structured so that Freddie Mac made its payments a month earlier than it received the offsetting payments.

The New York Times

estimated that the Defense Department, one of the few government agencies that acts as its own disbursing agent, could have collected $100 million in 2002 from these delinquents by offsetting payments.

The New York Times

The investigators also said that the government had failed to make meaningful use of its authority to collect from these delinquent companies and individuals by offsetting payments for their work.

The New York Times

There is no logic that says it must go up, or must even continue to exist at all (no, the Crown Estate doesn't offset this payment, it was never a personal deal).

The Guardian - Opinion

If you plan on keeping your current home and renting it out, most lenders will offset the payment you make with part of the rent you receive.

Forbes

Over the last 18 months, AWS' prices have fallen rapidly (compare Table 4 with Table 1); and new RI price tiers have been introduced ("Light", "Medium" and "Heavy" Utilisation), enabling users more flexibility to offset upfront payment, P Ru, against the monthly utilisation rate, P Rm.

Journal of Cloud Computing

The longer the better as equity gains will offset down payment and purchase fees.

Huffington Post

Expert writing Tips

Best practice

When using "offset payment", ensure that the context clearly indicates what the payment is intended to counterbalance. Clarity is crucial in financial contexts.

Common error

Avoid assuming that an "offset payment" always implies a full cancellation of a debt. It may only partially reduce the overall obligation. Always specify the extent to which the payment serves as an offset.

Linguistic Context

The phrase "offset payment" functions primarily as a noun phrase, often acting as the subject or object of a sentence. As Ludwig AI confirms, it is grammatically sound and used in various contexts. Examples show it denoting a payment designed to counterbalance a cost or debt.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Formal & Business

33%

Less common in

Wiki

0%

Encyclopedias

0%

Reference

0%

Ludwig's WRAP-UP

The phrase "offset payment" is grammatically correct and serves to denote a payment made to counterbalance or reduce a financial obligation. As Ludwig AI confirms, its use is appropriate across various contexts including news, science and business. While it isn't overly frequent, alternative phrases such as "compensatory payment" or "balancing payment" can be used for variety. When employing this phrase, clarity is key to ensure the context of the offset is well-understood.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

compensatory payment

Replaces "offset" with "compensatory", emphasizing the act of compensating for something.

balancing payment

Uses "balancing" instead of "offset", highlighting the act of bringing something into equilibrium.

counterbalancing payment

Similar to "balancing payment" but with a stronger emphasis on opposing forces.

adjustment payment

Focuses on the adjustment aspect of the payment, implying a correction.

reimbursement payment

Highlights the act of repaying or compensating for expenses.

recoupment payment

Emphasizes the recovery of funds or losses.

payment to offset costs

Rephrases to focus on the purpose of the payment.

payment for offsetting

A more generic phrasing that shifts the focus slightly.

covering payment

Indicates that the payment is intended to cover or take care of something.

indemnification payment

Highlights protection against loss or damage.

FAQs

What does "offset payment" mean in financial terms?

In financial terms, an "offset payment" refers to a payment made to counterbalance or reduce another debt, expense, or obligation. It acts as a credit or deduction against a larger amount.

How can I use "offset payment" in a sentence?

You can use it like this: "The company issued an "offset payment" to account for the overcharge on the previous invoice." Another example: "The insurance "offset payment" covered a portion of the repair costs."

What are some alternatives to "offset payment"?

You can use alternatives like "compensatory payment", "balancing payment", or "adjustment payment" depending on the specific context and nuance you want to convey.

Is there a difference between "offset payment" and "reimbursement payment"?

While both involve payments to compensate for something, "offset payment" usually implies reducing an existing debt or obligation, while "reimbursement payment" specifically refers to repaying someone for expenses they've already incurred.