









offset
set off
counterbalance
write off
That allowed the Banks to release some of the reserves set aside to cover dud loans.
Rather than pay each other's interest costs directly, the payments would be netted out.

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Open the tool →冲抵 (chōng dǐ) means “offset, set off, counterbalance, write off”.
冲抵 is pronounced chōng dǐ in Mandarin Chinese.
“offset” is 冲抵 (chōng dǐ) in Chinese.
This page has 2 example sentences using 冲抵, each with pinyin and an English translation.