Netting

From ACT Wiki
Revision as of 14:20, 23 October 2012 by Administrator (Talk | contribs) (CSV import)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
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