What is Netting? Definition, How It Works & Benefits
Nanonets
NOVEMBER 27, 2023
By definition, netting is the act of combining multiple financial obligations between two or more parties and paying a net payment amount. If you didn’t know about netting payments, you might Venmo your friend $20 to pay them back for the shirt, while they Venmo you $30 to pay you back for dinner.
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