Euro area and Position netting: Difference between pages

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The netting of instructions relating to obligations between two or more parties, as a result of which neither satisfies nor discharges those original individual obligations.
'euro area' is the formal designation of the [[euro zone]].


Also known as Advisory netting.
This is also referred to as payment netting in the case of payment orders.


== See also ==
== See also ==
* [[Core countries]]
* [[Netting]]
* [[euro]]
* [[Payment netting]]
* [[euro zone]]
* [[European Union]]
* [[Periphery countries]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 14:20, 23 October 2012

The netting of instructions relating to obligations between two or more parties, as a result of which neither satisfies nor discharges those original individual obligations.

Also known as Advisory netting.

This is also referred to as payment netting in the case of payment orders.

See also