Definition of offput:
"Today's victory was an offset to yesterday's defeat."
°(international trade) A form of
countertrade arrangement, in which the seller agrees to purchase within a set time frame products of a certain value from the the buying country. This kind of agreement may be used in large international public sector contracts such as arms sales.
Definition of offput:
"Today's victory was an offset to yesterday's defeat."
°(international trade) A form of
countertrade arrangement, in which the seller agrees to purchase within a set time frame products of a certain value from the the buying country. This kind of agreement may be used in large international public sector contracts such as arms sales.