Define: Netting

UK Accounting Glossary

Definition: Netting


Quick Summary of Netting


Netting refers to the settlement of mutual obligations between two parties (called bilateral netting) or with a third party acting as a clearinghouse (called multilateral netting) where the net difference (not the gross amounts) is carried forward. Netting is a common practice in trading of foreign exchange, futures, and options.




What is the dictionary definition of Netting?

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Full Definition of Netting


Netting refers to the settlement of mutual obligations between two parties (called bilateral netting) or with a third party acting as a clearinghouse (called multilateral netting) where the net difference (not the gross amounts) is carried forward. Netting is a common practice in trading of foreign exchange, futures, and options.


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https://payrollheaven.com/define/netting/
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Netting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 22, 2019 https://payrollheaven.com/define/netting/.
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Netting. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/netting/ (accessed: November 22, 2019).
American Psychological Association (APA):
Netting. PayrollHeaven.com. Retrieved November 22, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/netting/

Definition Sources


Definitions for Netting are sourced/syndicated from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 30th September 2019.