Position netting: Difference between revisions
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imported>Doug Williamson m (Spacing and italics added 21/8/13) |
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The netting of instructions relating to obligations between two or more parties, as a result of which neither satisfies nor discharges those original individual obligations. | The netting of instructions relating to obligations between two or more parties, as a result of which neither satisfies nor discharges those original individual obligations. | ||
Also known as Advisory netting. | This is also referred to as payment netting in the case of payment orders. | ||
''Also known as Advisory netting.'' | |||
== See also == | == See also == | ||
* [[Netting]] | * [[Netting]] | ||
* [[Payment netting]] | * [[Payment netting]] | ||
Revision as of 13:13, 21 August 2013
The netting of instructions relating to obligations between two or more parties, as a result of which neither satisfies nor discharges those original individual obligations.
This is also referred to as payment netting in the case of payment orders.
Also known as Advisory netting.
