Offset

Liquidating a purchase of futures contracts through the sale of an equal number of contracts of the same delivery month, or liquidating a short sale of futures through the purchase of an equal number of contracts of the same delivery month. See Closing Out and Cover.

Source: Commodity Futures Trading Commission

Amount of money intercepted from a parent’s State or Federal income tax refund, or from an administrative payment such as Federal retirement benefits, in order to satisfy a child support debt.

Source: Office of Child Support Enforcement.

Amount of money taken from a parent's state or federal income tax refund before he or she receives it, or from an administrative payment like federal retirement benefits, to pay a child support debt.

Source: California Courts.

Last reviewed October 2022