Offset is that two parties in debt with each other, pay off the counterpart's debt with his debt, as to eliminate the debt both sides involved in the equal amount.

抵销是指互负债务的双方当事人，各以其债务冲抵对方债务，从而使双方债务在对等的额度内相互消灭。

youdao

Offset is that two parties in debt with each other, pay off the counterpart's debt with his debt, as to eliminate the debt both sides involved in the equal amount.

抵销是指互负债务的双方当事人，各以其债务冲抵对方债务，从而使双方债务在对等的额度内相互消灭。

youdao