Set-off: Difference between revisions

Set-off (view source)

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 [[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, you're really interested in close-out {{tag|netting}}. If you are an [[ISDA Ninja]], you’ll know the difference, so welcome. Don't forget the specific article about {{isdaprov|Set-off}} in Section {{isdaprov|6(f)}} of the {{2002ma}}
+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. Don't forget the specific article about {{isdaprov|Set-off}} in Section {{isdaprov|6(f)}} of the {{2002ma}}
 ===Easy, tiger.===