Close-out netting and Peso: Difference between pages

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A special form of netting that occurs following some predefined event such as default. 
Peso is a widely used name for the currencies of a number of different countries including Argentina, Chile, Colombia, Cuba, Mexico, the Philippines and Uruguay.
Close-out netting is intended to reduce exposures on open contracts if one party meets certain conditions specified by the contract (for example, becomes subject to insolvency procedures) before the settlement date.


Also referred to as default netting, open contract netting or replacement contract netting.


The peso was historically a Spanish silver coin.


== See also ==
Spain now uses the euro.
* [[Netting]]
 
 
==See also==
*[[Argentina]]
*[[EUR]]
*[[Mexico]]
 
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Latest revision as of 16:21, 8 December 2019

Peso is a widely used name for the currencies of a number of different countries including Argentina, Chile, Colombia, Cuba, Mexico, the Philippines and Uruguay.


The peso was historically a Spanish silver coin.

Spain now uses the euro.


See also

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