Offsetting positions that were established prior to the effective date do not have to be liquidated, but once either position is closed out after May 15, it may not be reestablished as a hedge.

在此生效日期之前开立的对冲头寸并不需要清算，但一旦那些仓位在5月15日后关闭，就不能重新开立相反的头寸来对冲。

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It also includes offsetting and switching the position of the chemical injection nozzles (68) for allowing improved deposition in both directions, when operated in a horizontal mode.

它还包括偏离并交换化学物质喷嘴(68)的位置，以便在水平模式中工作时能够实现两个方向上的改进的沉积。

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and he started with the position that you ought to cut taxes but only where you can find offsetting cuts and government spending.

最开始，他的观点是,减税是正道,但必须先想到如何补偿这部分损失,如何削减财政支出。

斯坦福公开课 - 经济学课程节选

Also, much like with other derivatives, the exiting party could simply just take an offsetting position in another swap to zero out the position.

FORBES: Demystifying The Swap Market

Non-commercials in the legacy report also increased their net-long gold position, having added 7, 616 gross longs, more than offsetting the added 291 gross shorts.

FORBES: FOCUS: Gold, Silver, Palladium See Net Bullish Positions Rise -- CFTC