A way of compensating for the emissions produced with an equivalent carbon dioxide saving, by buying carbon offset credits from emission reduction projects; such projects will prevent or have already prevented the emission, or removed an equivalent amount, o... Found on http://www.encyclo.co.uk/local/20453
This is when the credit balances in a current and savings account are netted off against the account holders borrowings (typically a mortgage) so that the rate paid on the borrowing is reduced as a result of the credit held in other accounts, which reduces the amount that is being borrowed. Found on https://www.encyclo.co.uk/local/21167