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Set-off: Difference between revisions
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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. | |||
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For setting off of exposures under a master agreement versus other general exposures against the counterparty, see: | For setting off of exposures under a master agreement versus other general exposures against the counterparty, see: | ||
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*{{gmslaprov|Set-off}} ({{gmsla}}) | *{{gmslaprov|Set-off}} ({{gmsla}}) | ||
*There is no general right of set-off in a {{gmra}} | *There is no general right of set-off in a {{gmra}} | ||
*For the [[net-net]] valuation technique, go read [https://www.amazon.co.uk/d/cka/Security-Analysis-Sixth-Foreword-Warren-Buffett-Editions/0071592539 Graham on ''Security Analysis''], and in no other circumstances utter [[net-net|that expression]]. | |||
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