Deletion and Provisional credit: Difference between pages

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imported>Doug Williamson
(Add context of settlement.)
 
imported>Doug Williamson
(Classify page.)
 
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''Settlement''
Credit given on a recourse basis when a cheque is deposited.


A mechanism where some or all transfers to/from a defaulting participant are excluded from the settlement process.
In a netting scheme, this entails the recalculation of other participants’ bilateral and/or multilateral net positions.


== See also ==
* [[Credit]]
* [[Recourse]]


== See also ==
[[Category:Cash_management]]
* [[Default]]
[[Category:Liquidity_management]]
* [[Netting]]
* [[Settlement]]

Latest revision as of 07:36, 2 July 2022

Credit given on a recourse basis when a cheque is deposited.


See also