In older documents, also referred to as “offsetting”

In general, vis-à-vis a creditor (liquidant), the satisfaction of his claim, which is thereby settled. – In banking terms, the payment of a debit on the account; the settlement of a debt balance. In banking terms, the payment of a debit balance; the realization of a debt balance, after which the debt is discharged and the account is balanced, cleared, etc. In banking terms, the payment of a debit balance; the discharge of a debt balance, after which the debt is discharged and the account is balanced, cleared, etc. In banking terms, the discharge of a debt balance; the realization of a debt balance. – In futures trading, the cancellation of the obligation to deliver or accept delivery of the subject good (financial instrument; financial instrument, commodity; commodity) by entering into an equivalent but opposite futures position. – Thus, to close out an option, the same option must be bought or sold. – See agreement, hedge, settlement, payment, bullet payment, fulfillment, claim, execution pieces, kick it out order, liquidation, commodity futures contract, balance payment, cancellation, payment.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
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