Bit 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. | |||
Also known as Advisory netting. | |||
This is also referred to as payment netting in the case of payment orders. | |||
== See also == | |||
* [[Netting]] | |||
* [[Payment netting]] | |||
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
