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Accounting > Offset
The following information is about Offset.
Offset Defined
is: a. In bankingthe deduction by a debtor from a claim or demand of a debt or obligation. Such an offset is based upon a counterclaim against the party making the original claim. Example: Seller makes a claim or files a lawsuit asking for $20,000 from Debtor as the final payment in purchase of a restaurant; as part of his defense Debtor claims an offset of $10,000 for alleged funds owed by Seller for repairs Debtor made on property owned by Sellerthus reducing the claim of Seller to $10,000; b. in accountingthe amount equaling or counterbalancing another amount on the opposite side of the same ledger or the ledger of another account; c. in securitiesthe elimination of a long or short position by making an opposite transaction. See also OFFSET ACCOUNT.
This definition is in context to Accounting. See more contextual defintions for Offset.
Robbins & Myers Announces First Quarter 2009 Results
Published January 7, 2009, 1:51 pm, PR Newswire via Yahoo! Finance
Robbins & Myers, Inc. today reported diluted net earnings per share of $0.50 for its fiscal first quarter ended November 30, 2008, as compared with $0.40 in the prior year first quarter.
UniFirst 1st-qtr profit rises 14 percent on improving laundry business and cost controls
Published January 7, 2009, 1:46 pm, Canadian Business
UniFirst Corp., which supplies uniforms and protective clothing, said Wednesday its fiscal first-quarter earnings rose 14 percent due to improving
UniFirst 1st-quarter earnings rise 14 percent
Published January 7, 2009, 1:43 pm, INO News
(AP:WILMINGTON, Mass.) UniFirst Corp., which supplies uniforms and protective clothing, said Wednesday its fiscal first-quarter earnings rose 14 percent due to improving revenues in the company's laundry business and its focus on cost controls.
Clinical Data, Inc. Reports Advances in Two Late-Stage Therapeutic Programs
Published January 7, 2009, 12:56 pm, Centre Daily Times
Clinical Data, Inc. (NASDAQ: CLDA), today announced key milestones in its two late-stage therapeutic development programs, vilazodone and Stedivaze (apadenoson). The Company reported that it has completed enrollment in the second Phase III registration trial of vilazodone for the treatment of major depression. Additionally, Clinical Data recently conducted an end of Phase II meeting with the ...
Where do AT&T's (T) Fortunes Lie after the iPhone?
Published January 7, 2009, 12:35 pm, Schaeffers Research
This Fortune article on telecommunications giant AT&T (T) asks an important question that investors must consider: "What will AT&T do after the iPhone?" The device has quickly become another of Apple's (AAPL) cultural icons, and has helped AT&T extend its subscribership lead over No...( Read More )
Clinical Data, Inc. Reports Advances in Two Late-Stage Therapeutic Programs
Published January 7, 2009, 12:31 pm, Business Wire via Yahoo! Finance
NEWTON, Mass.----Clinical Data, Inc. , today announced key milestones in its two late-stage therapeutic development programs, vilazodone and Stedivaze . The Company reported that it has completed enrollment in the second Phase III registration trial of vilazodone for the treatment of major depression.
UniFirst Announces Financial Results for the First Quarter of Fiscal 2009
Published January 7, 2009, 12:00 pm, Business Wire via Yahoo! Finance
WILMINGTON, Mass.----UniFirst Corporation today announced revenues and earnings for its first quarter of fiscal 2009 which ended November 29, 2008.
Monsanto increases full-year ongoing earnings-per-share guidance after reporting 117% earnings growth in first quarter ...
Published January 7, 2009, 7:17 am, SeedQuest
Greater demand in Latin America for Monsanto Company's products propelled the company to record-setting net sales and net income results for its fiscal 2009 first quarter, which ended Nov. 30, 2008.
SUPERVALU Reports Third Quarter Fiscal 2009 Results:
Published January 7, 2009, 5:00 am, Business Wire via Yahoo! Finance
MINNEAPOLIS----SUPERVALU INC. today reported third quarter fiscal 2009 net sales of $10.2 billion and a net loss of $2.9 billion, or $13.95 per diluted share, including non-cash goodwill and intangible asset impairment charges of $3.3 billion pre-tax or $3.1 billion after-tax, or $14.57 per diluted share.
Constellation Brands Reports Q3 Fiscal 2009 Results
Published January 7, 2009, 4:30 am, PR Newswire via Yahoo! Finance
Company achieves significant margin improvement
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Off-site Offset Links, User Submitted
The following links have been collected through user bookmark submission in the Offset category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
Wed Jan 7
- Canadian Booksellers See Late Holiday Rally - 1/6/2009 11:39:00 AM - Publishers Weekly: The decline of the Canadian dollar helped Canadian booksellers offset a weakening economy over the holidays.
- Offset Router Table And Fence
Tue Jan 6
- City Search Print Tek Printing Is my favorite printer, just Sharing the Goodness: Commercial printing for Entertainment, Music, Home Media Packaging, and all Business Marketing Promotional and Inter-office needs. Print Tek Printing has a proven record of turnaround, quality, and commitment. Please visit our website www printtek com to access a free quote or to contact us.
Mon Jan 5
- Welcome to ClimateSmart_: Sweet website
- SBT Stoozing credit cards
- Powered Green Energy
- Dynamic Named Ranges That Expand and Contract Automatically in Your Excel Spreadsheet
- Fayland and Perl Programming: Catalyst and DBIx-Class tip
Sun Jan 4
- Offsets in the Air in San Francisco - Green Inc. Blog - NYTimes.com
- CNBC European Business | Can Money Grow? On Trees?
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Off-site Offset Research Links
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