NETTING - definitie. Wat is NETTING
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Wat (wie) is NETTING - definitie

THE REDUCTION OF A CLAIM BY DEDUCTING THE AMOUNT OF A VALID COUNTERVAILING CLAIM
Netting; Röhlig (UK) Ltd v Rock Unique Ltd

netting         
¦ noun open-meshed material; net.
netting         
Netting is a kind of material made of pieces of thread or metal wires. These are woven together so that there are equal spaces between them.
...mosquito netting.
...wire netting.
N-UNCOUNT: oft supp N
netting         
n. mosquito netting

Wikipedia

Set-off (law)

In law, set-off or netting are legal techniques applied between persons or businesses with mutual rights and liabilities, replacing gross positions with net positions. It permits the rights to be used to discharge the liabilities where cross claims exist between a plaintiff and a respondent, the result being that the gross claims of mutual debt produce a single net claim. The net claim is known as a net position. In other words, a set-off is the right of a debtor to balance mutual debts with a creditor.

Any balance remaining due either of the parties is still owed, but the mutual debts have been set off. The power of net positions lies in reducing credit exposure, and also offers regulatory capital requirement and settlement advantages, which contribute to market stability.

Voorbeelden uit tekstcorpus voor NETTING
1. They carried food, mosquito netting and tarpaulins.
2. He saw three slaves elude the netting and jump overboard.
3. Scores of giant tents, housing eight to ten men each, are swathed in camouflage netting, with more netting draped across outdoor seating areas to provide shade.
4. The netting is clipped to the posts, then stretched tight.
5. Some common stitches include peyote, brick, herringbone, and netting.