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{{g}}[[Net-net]], there are three concepts to bear in mind: [[close-out netting]], [[settlement netting]], and [[set-off]]. Related, but different things. | {{g}}[[Net-net]], there are three concepts to bear in mind: [[close-out netting]], [[settlement netting]], and [[set-off]]. Related, but different things. | ||
*If you are an [[ISDA ingénue]] you may have come to the [[set-off]] page by accident. Chances are, | *If you are an [[ISDA ingénue]] you may have come to the [[set-off]] page by accident. Chances are, you’re really interested in close-out {{tag|netting}}. | ||
*If you are an [[ISDA ninja]], you’ll know the difference, so welcome. | *If you are an [[ISDA ninja]], you’ll know the difference, so welcome. | ||