Is “Setoffs” a Scrabble word?
Yes
SETOFFS
Valid in at least one Scrabble dictionary
Valid in these dictionaries
SOWPODS / CSW
Scrabble UK & International
TWL / NWL
Scrabble North America
Large English Dictionary
General English word list
Meaning of Setoffs
noun
1.The situation where a bank or similar organisation repays itself money owed by an accountholder out of his or her account.