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Netting

   Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
Netting
1. Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.

2. Reducing the transfer of funds between subsidiaries to a net amount.

Notes:
Netting often occurs in situations where one of the participants is experiencing extreme financial difficulty, such as bankruptcy.


Netting
Reducing transfers of funds between subsidiaries or separate companies to a net amount.

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