From ACT Wiki
(Difference between pages)
imported>Doug Williamson |
imported>Administrator |
| Line 1: |
Line 1: |
| ''Netting systems''.
| | Caps. |
| | |
| A participant’s net credit or net debit position in a netting system is the sum of the value of all the transfers the participant has received up to a particular point in time, minus the value of all the transfers the participant has sent.
| |
| | |
| If the difference is positive, the participant is in a net credit position.
| |
| | |
| If the difference is negative, then the participant is in a net debit position.
| |
| | |
| | |
| The net credit or net debit position at settlement time is defined as the net settlement position.
| |
| | |
| These net positions may be calculated on a bilateral or multilateral basis.
| |
| | |
|
| |
|
| == See also == | | == See also == |
| * [[Credit]] | | * [[Caps]] |
| * [[Debit]]
| | |
| * [[Netting]]
| |
|
| |
|
| [[Category:Accounting,_tax_and_regulation]]
| |
| [[Category:Cash_management]]
| |
| [[Category:Liquidity_management]]
| |
Revision as of 14:20, 23 October 2012
