Accounting Topics
The On-Topic Netowork

Accounting > Offset


Offset
Offset
Offset
Offset
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.


Navigation: [ 1 2 3 4 5 Next ]

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.

Full Story


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

Full Story


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.

Full Story


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 ...

Full Story


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 )

Full Story


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.

Full Story


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.

Full Story


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.

Full Story


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.

Full Story


Constellation Brands Reports Q3 Fiscal 2009 Results

Published January 7, 2009, 4:30 am, PR Newswire via Yahoo! Finance

Company achieves significant margin improvement

Full Story


Navigation: [ 1 2 3 4 5 Next ]

Are you looking for additional Accounting > Offset news? Try our new "Offset News Focus" area.

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

Tue Jan 6

Mon Jan 5

Sun Jan 4

If you would like to find additional social bookmark based links on the topic of we recommend the Open Tag Directory > Offset. If you would like to find related tags we recommend Tag Patterns > Offset

Off-site Offset Research Links

If you still need additional information on Offset then we suggest the following off-site resources. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

Accounting

If you know the Accounting Term Name use the links below to quickly jump to your desired focus.



Bookmark Us

The On Topic Network

This website is part of The On Topic Network.

Thank You

Accounting.On-Topic.net was developed by Odin Metatech, Inc and runs on the Odin Assemble platform.

License

Creative Commons License This work is licensed under Creative Commons.


Your Ad Here
Your Ad Here

Powered by Odin Assemble 2.5a