"offset payments" is correct and usable in written English.
It can be used when referring to a payment that is used to counteract or cover another payment. For example, "The company received an offset payment from its supplier to cover the cost of the defective merchandise it purchased."
Adam Walters, a campaigner at Greenpeace, said the negotiation over offset payments showed "the system is broken".
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 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.
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).
The offsetting swaps were structured so that Freddie Mac made its payments a month earlier than it received the offsetting payments.
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 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.
While these U.S. transfers were declining, they were being offset by payments by the U.S. to the FSM Trust Fund, which would eventually replace compact income, and by bilateral payments from China and Japan.
Minnesota offers money for renovations or aid to offset lease payments.
Insurers, which make money from premiums and investing to offset claims payments, had a long run of poor underwriting years, which encouraged them to manage investments better.
The private equity unit increased assets under management to $47.1 billion, offset by payments made to its investors through the sales of portfolio companies and assets.
