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Setoff vs Takeoff - What's the difference?

setoff | takeoff |

As nouns the difference between setoff and takeoff

is that setoff is the situation where a bank or similar organisation repays itself money owed by an accountholder out of his or her account while takeoff is the rising or ascent of an aircraft or rocket into flight.

setoff

English

Noun

(en noun)
  • (finance) The situation where a bank or similar organisation repays itself money owed by an accountholder out of his or her account.

    • takeoff

    English

    Alternative forms

    * take-off

    Noun

    (wikipedia takeoff) (en noun)
  • The rising or ascent of an aircraft or rocket into flight.
    • The flight was smooth, but the takeoff was a little rough.
  • A parody or lampoon of someone or something.
    • song "Lasagna" is a takeoff on the popular song "La Bamba".
  • *1897 , Edward Bellamy, Equality ,
  • *:I came across a little pamphlet of the period, yellow and almost undecipherable, which, on examination, I found to be a rather amusing skit or satirical take-off on the profit system.
  • A quantification, especially of building materials.
    • I'll give you an estimate after I do the quantity takeoffs for the trusses and structural steel.

    See also

    * take off

    Anagrams

    *