When there are cash flows in two directions between two counterparties, they can be consolidated into one net payment from one counterparty to the other thereby reducing the settlement risk involved. OCC The Office of the Comptroller of the Currency (US).

Netting is a method of settling credit and debt generated by companies trading goods and services with each other. Amounts are offset on a preset date, with payment going to the firm with the credit balance. When a steelmaker buys iron ore from a trading company and sells steel sheet back to the same firm, the companies must settle at each stage and incur bank transfer fees if they have not adopted netting. With netting, firms transfer funds to settle the difference between credits and debts, slashing fees paid to banks. Netting also eliminates the need to keep sizable amounts of cash on hand to pay trading partners. Offsetting receipts and payments among more than two group firms is called multinetting, while settling between two companies is known as bilateral netting.

A method of settling a contract where only the difference in the traded currencies is settled at the close.

A network of ropes used for various purposes, as for holding the hammocks when not in use, also for stowing sails, and for hoisting from the gunwale to the rigging to hinder an enemy from boarding.

Network of rope or small lines. Used for stowing away sails or hammocks.

A rope network.

The act or process of making nets or network, or of forming meshes, as for fancywork, fishing nets, etc.

A wire mesh-work used somewhat in reinforced-concrete construction, especially for piling.

The process of knotting threads into meshes that will not ravel.

Plastic netting extruded as a continuous cylinder and chopped into single units which are used to hold units of merchandise and to enhance their display. Frequently used for fruit or vegetable display in self-service stores.

continuous extruded net of flexible plastic material, most commonly polyethylene, which can be made into bags, sleeves or wraps. (example: net over a frozen turkey package)

This refers to the warp and weft of woven materials such as grasscloth, rushcloth, jute weaves, etc.

a net of transparent fabric with a loose open weave

An off-loom weaving technique used with seed beads.

The craft of making nets, usually very fine nets for hair, purses, shawls. The tools needed are a shuttle and gauges to keep the openings of the net regular. Very fancy netting sets of ivory and bone were used. Very popular during the Georgian period. See our netting set.

The practice of subtracting the amount owed by one party from the amount owed to th at par ty and agreeing to transfer only the resulting difference.

The process of adjusting a gross amount, usually by subtracting. The term usually applies to the deduction of fees and taxes from an investment's return.

The subtracting of the amount owed by a company from the amount owed to that company and transferring only the difference.

This refers to the reduction of an accountholder's insured deposits by the amount of outstanding loans in a failed institution or the reduction of an accountholder's outstanding loans by the amount of deposits above the coverage limit.

A piece of network; any fabric, made of cords, threads, wires, or the like, crossing one another with open spaces between.

A net fabric with which to cover or enclose.

Urine.

A concept in which all emissions sources in the same area that are owned or controlled by single company are treated as one large source, thereby allowing flexibility in controlling individual sources in order to meet a single emissions standard.

Deducting requirements (orders, allocations, planned run hours, etc.) from an available resource (inventory, work center capacity, etc.).

Calculation so as to enable payments to be based on net trades

The process of calculating net requirements.

In general, netting means to allow a positive value and a negative value to cancel each other out.

the act of properly landing a fish with the use of a net.

Touching the net while the ball is in play.

creating netting

Netting out Network A or Network B