Netting

Occurs when subsidiaries located in different countries settle currency debts for the amount that is owed in a currency instead of the gross amount.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser

Next Terms: New Listing, No transaction fee mutual fund, Nominal Capital, Nominal Rate of Return, Nominee shareholder, Nominee Shareholding, Non-active Company, Non-business day, Non-depository Financial Institution, Nondiscretionary Trust

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