was offsetting
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past progressiveof offset.past progressive
Used to describe an ongoing action or continuous state that was happening at a specific time in the past.
offsetnounsomething that counterbalances, counteracts, or compensates for something else; compensating equivalent.
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
JetBlue Airways was up 2.6% after it also updated guidance early Tuesday and said strong travel demand was offsetting rising fuel costs and impact of operational disruptions.
From Barron's ● Mar. 17, 2026
U.S. oil production was offsetting some losses in output due to OPEC+ cuts, but the falling U.S. rig count meant such support could likely be short-lived, ANZ Research said in a report on Friday.
From Reuters ● Aug. 18, 2023
Recently the company announced that it was offsetting all its emissions with renewable energy in an effort to go completely carbon-neutral.
From The Verge ● Sep. 16, 2018
Earlier this year, Dick’s announced it expected its year-end profits to drop about 10 percent because of reduced sales in golf equipment, which the company says was offsetting gains it made selling other sports gear.
From Washington Times ● Jul. 24, 2014
Hill was offsetting Mayo's offense, helping San Antonio maintain its lead.
From Seattle Times ● Mar. 28, 2011