Netting

From ACT Wiki
Revision as of 15:36, 21 August 2013 by Doug Williamson (Talk | contribs) (Spacing 21/8/13)

Jump to: navigation, search

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.


See also