Close-out netting
- Japanese
- 一括清算
- Last reviewed
- September 26, 2026
This is a draft, shown for review before publication.
Close-out netting is the process by which, when a counterparty fails, the values of multiple derivatives and other trades entered into under a master agreement with that counterparty are added up and offset into a single claim or obligation.
Related terms
Explained in detail
Pages that use this term
- Cleared vs Bilateral Trades
- What Is Counterparty Credit Risk?
- Exposure Measures: CE, PFE, EE/EPE and EAD
- Exposure Profiles by Product
- Credit Limit Management
- Overview of the Regulatory Treatment of Counterparty Risk
- Counterparty Risk and XVA
- Trade Confirmations
- Early Termination
- Collateral Operations
- Settlement
- Choosing the Booking Entity
- Recovery and Resolution Planning
- CVA and DVA in Accounting
- Disclosures in the Notes
- The ISDA Master Agreement and Schedule
- The Credit Support Annex (CSA)
- Events of Default and Termination Events
- Margin Requirements for Uncleared Derivatives
- Overview of Derivatives Regulation in Asia-Pacific
- China
- The Swap Market and ISDA
- The Collapse of LTCM
- ESG-Linked Derivatives