Netting: Difference between revisions
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An agreed offsetting of positions or obligations by trading partners or participants. The netting reduces a large number of individual positions or obligations to a smaller number of obligations or positions. | 1. | ||
An agreed offsetting of positions or obligations by trading partners or participants. | |||
The netting reduces a large number of individual positions or obligations to a smaller number of obligations or positions. | |||
Netting may take several forms which have varying degrees of legal enforceability in the event of default of one of the parties. | Netting may take several forms which have varying degrees of legal enforceability in the event of default of one of the parties. | ||
2. | |||
More broadly, any other situation in which offsetting positive and negative amounts are combined, with the result of producing a smaller net positive - or net negative - amount. | |||
== See also == | == See also == | ||
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* [[Deletion]] | * [[Deletion]] | ||
* [[Minimum standards of the Lamfalussy Report]] | * [[Minimum standards of the Lamfalussy Report]] | ||
* [[MNA]] | |||
* [[Multilateral netting]] | * [[Multilateral netting]] | ||
* [[Netting by novation]] | * [[Netting by novation]] | ||
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* [[Position netting]] | * [[Position netting]] | ||
* [[Substitution]] | * [[Substitution]] | ||
=== Other resources === | |||
[[Media:2015_09_Sep_-_Net_benefits.pdf| Net benefits, The Treasurer, 2015]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 15:54, 6 November 2016
1.
An agreed offsetting of positions or obligations by trading partners or participants.
The netting reduces a large number of individual positions or obligations to a smaller number of obligations or positions.
Netting may take several forms which have varying degrees of legal enforceability in the event of default of one of the parties.
2.
More broadly, any other situation in which offsetting positive and negative amounts are combined, with the result of producing a smaller net positive - or net negative - amount.
See also
- Bilateral netting
- Close-out netting
- Deletion
- Minimum standards of the Lamfalussy Report
- MNA
- Multilateral netting
- Netting by novation
- Offset
- Payment netting
- Position netting
- Substitution
