The word "setoff" can be a bit tricky because it has different meanings depending on the context. Here, I will explain it in a simple way and provide various usages.
Setoff (noun): In construction or architecture, a "setoff" refers to a part of a wall or building that suddenly becomes narrower or shorter. Think of it as a step or ledge in the wall where the structure changes.
Financial Context: "Setoff" can also refer to a legal term where a debtor can reduce the amount they owe by claiming a counterbalance. For example, if someone owes you money but you also owe them money, you can "set off" the two amounts against each other.
General Usage: In a more general sense, "setoff" can refer to a contrast that makes something stand out. For example, "The bright colors of the painting served as a setoff to the dark room."
There are no specific idioms or phrasal verbs that include "setoff," but in a financial context, you might hear phrases like: - "Settle the account" - "Offset the debt"
In summary, "setoff" can refer to a physical feature in architecture or a financial/legal concept.