Netting (also referred to in German as Saldierung)

In general, the offsetting of payment claims and payment liabilities in accordance with Section 387 of the German Civil Code, especially – within companies of a group (the setting off intra-group transactions in order to avoid booking the same operations twice) or – within a cash management system in which one bank serves several companies. – When balances are settled between banks, this is usually referred to as clearing. – See clearing, netting.

Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/