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What is the noun for setoff?

What's the noun for setoff? Here's the word you're looking for.

setoff
  1. (finance) The situation where a bank or similar organisation repays itself money owed by an accountholder out of his or her account.
  2. Synonyms:
  3. Examples:
    1. “The elaborate chandelier served as a setoff, adding a touch of elegance to the grand ballroom.”
      “On the other hand, such setoff is excluded where there is no transparency or comprehensibility.”
      “Credit risk is mitigated through the use of collateral and legally enforceable netting or setoff agreements.”
setoffs
  1. plural of setoff
  2. Synonyms:
  3. Examples:
    1. “Teams have also been negotiating coaching contracts with setoffs and pay decreases for 2011 in the event there is no football.”
      “Defendants repeatedly assert that because the instant plaintiff held two separate insurance policies, two setoffs should be allowed.”
      “Complaints regarding specific deliveries do not exempt the Purchaser from his obligation to pay for those or other deliveries, nor shall they entitle the Purchaser to setoffs or compensation.”
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