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Offset
OffsetElimination of a long or short position by making an opposite transaction. RELATED TERMS-------------------------------------- Long To have bought more of something than one has sold of it. Short One who has sold a contract to establish a market position and who has not yet closed out this position through an offsetting purchase; the opposite of a long position. Position A market commitment; the number of contracts bought or sold for which no offsetting transaction has been entered into. Transaction A single business deal; a sale or purchase; or the crediting or debiting of an account. SIMILAR TERMS-------------------------------------- OFFSET PAPERBACK Credit Union OFFSET PAPERBACK is a credit union with head office in DALLAS, PA Offshore Located or based outside of one's national boundaries. Offshore banking Transactions by non-residents in foreign currencies in -tax havens such as Bermuda, the Cayman Islands, Liechtenstein, etc. Offshore finance subsidiary A wholly owned affiliate incorporated overseas, usually in a tax haven country, whose function is to issue securities abroad for use in either the parent's domestic or foreign business. Offshore fund A mutual fund whose headquarters is based outside the United States. Offshore mutual fund A mutual fund that is managed and housed in a foreign country, usually outside the U.S. PREVIOUS AND NEXT TERMS-------------------------------------- Official settlements balance (overall balance) An overall measurement of a country's private financial and economic transactions with the rest of the world. Official statement A statement published by an issuer of a new municipal security describing itself and the issue. Official unrequited transfers Include a variety of subsidies, military aid, voluntary cancellation of debt, contributions to international organizations, indemnities imposed under peace treaties, technical assistance, taxes, or fines. Offlake In the context of project financing, the purchase of the project's output. Offline debit card A card that combines characteristics of both a traditional (online) debit card and a credit card, allowing the cardholder to pay for goods and services directly from his or her bank account. Offset Offshore Located or based outside of one's national boundaries. Offshore banking Transactions by non-residents in foreign currencies in -tax havens such as Bermuda, the Cayman Islands, Liechtenstein, etc. Offshore finance subsidiary A wholly owned affiliate incorporated overseas, usually in a tax haven country, whose function is to issue securities abroad for use in either the parent's domestic or foreign business. Offshore fund A mutual fund whose headquarters is based outside the United States. Offshore mutual fund A mutual fund that is managed and housed in a foreign country, usually outside the U.S. We thank you for using the Financial Dictionary to search for Offset. If you have a better definition for Offset than the one presented here, please let us know by making use of the suggest a term option. This definition of Offset may be disputed by other professionals. Our attempt is to provide easy definitions on Offset and any other medical topic for the public at large.
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