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imported>Administrator (CSV import) |
imported>Doug Williamson (Align with qualifications material.) |
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#Ability to set assets against liabilities in multiple bank accounts. Also used in netting transactions. | |||
Ability to set assets against liabilities in multiple bank accounts. | #More generally, the right to reduce or eliminate a liability, by deducting the amount of a related asset. Most commonly, when the asset and liability are with the same counterparty. | ||
== See also == | == See also == | ||
* [[Assets]] | * [[Assets]] | ||
* [[Counterparty]] | |||
* [[Liabilities]] | * [[Liabilities]] | ||
* [[Netting]] | * [[Netting]] | ||
* [[Open interest]] | * [[Open interest]] | ||
Revision as of 09:18, 10 May 2015
- Ability to set assets against liabilities in multiple bank accounts. Also used in netting transactions.
- More generally, the right to reduce or eliminate a liability, by deducting the amount of a related asset. Most commonly, when the asset and liability are with the same counterparty.
