Netting: Difference between revisions
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imported>Doug Williamson m (Spacing 21/8/13) |
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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. | 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. | ||
== See also == | == See also == | ||
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* [[Position netting]] | * [[Position netting]] | ||
* [[Substitution]] | * [[Substitution]] | ||
Revision as of 15:36, 21 August 2013
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.
