offsetting payment

USAGE SUMMARY

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

✓ Grammatically correct

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

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

If Fiscal Service learns that an erroneous offset payment is made to any State, Fiscal Service will notify the appropriate State that an erroneous offset payment has been made.

Cornell University

Fiscal Service may deduct the amount of the erroneous offset payment from future amounts payable to the State.

Cornell University

States shall notify Fiscal Service any time a State returns an erroneous offset payment to an affected taxpayer.

Cornell University

The creditor agency shall notify Fiscal Service any time the creditor agency returns all or any part of an offset payment to an affected payee.

Cornell University

But offset buyers can't always be sure the money goes to what it's supposed to, that the CO2 credit isn't being sold to someone else at the same time, or that the benefit to the environment is "additional," because the project would not happen without an offset payment.

The New York Times

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

The Guardian

The European offset payments are setting the Kyoto and Montreal Protocols on a collision course.

Yale University

The Secretary will exempt from centralized offset payments made under means-tested programs when requested by the head of the agency making such payments.

Cornell University

Expert writing Tips

Best practice

When using "offsetting payment", ensure that the context clearly indicates what is being offset. For example, specify "offsetting payment for invoice discrepancies".

Common error

Avoid assuming that "offsetting payment" automatically implies a refund. Clearly state whether the payment is reducing an existing debt or compensating for a previous overpayment.

Linguistic Context

The phrase "offsetting payment" functions as a noun phrase, typically serving as the subject or object in a sentence. It identifies a payment designed to counterbalance or neutralize another financial obligation.

Expression frequency: Missing

Frequent in

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Formal & Business

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Less common in

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Ludwig's WRAP-UP

In summary, the phrase "offsetting payment" is a grammatically sound and functionally clear term used to describe a payment intended to balance or neutralize another financial transaction. While Ludwig AI confirms its correctness, there's a lack of real-world examples in the provided data, indicating the phrase may not be as widely documented as other similar terms. Despite this, its professional register and clear communicative purpose make it a valuable term in financial and business contexts. Remember to use it with precision, ensuring the context clearly specifies what's being offset.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Compensatory payment

Focuses on providing compensation, often for losses or damages.

Counterbalancing payment

Emphasizes the act of balancing or neutralizing another payment.

Neutralizing payment

Highlights the cancellation or nullification effect on another payment.

Balancing payment

Indicates an adjustment to achieve equilibrium in accounts.

Reimbursing payment

Focuses on repaying or compensating for expenses already incurred.

Adjusting payment

Suggests a modification to correct a previous payment.

Corrective payment

Highlights fixing or remedying an error in a previous transaction.

Equivalent payment

Focuses on providing a payment of equal value in return.

Equivalent compensation

Broader term for balancing payment. It refers to providing compensation of equal value.

Settlement payment

Broader term that covers balancing payment but it refers to payment made to resolve a dispute.

FAQs

How do I use "offsetting payment" in a sentence?

You can use "offsetting payment" to describe a payment made to counterbalance another transaction. For example: "The company issued an offsetting payment to account for the overcharge on the previous invoice."

What can I say instead of "offsetting payment"?

You can use alternatives like "compensatory payment", "counterbalancing payment", or "balancing payment" depending on the context.

Which is correct, "offsetting payment" or "offset payment"?

"Offsetting payment" and "offset payment" are both acceptable. "Offsetting payment" emphasizes the act of counterbalancing, while "offset payment" is a more concise term.

What's the difference between "offsetting payment" and "reimbursing payment"?

"Offsetting payment" generally refers to balancing one payment against another, while "reimbursing payment" specifically means repaying someone for expenses they've already incurred.