TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

NETTING NOVATION [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 1999-06-21

English

Subject field(s)
  • Banking
  • Foreign Trade
  • Investment
DEF

The discharge at the time of confirmation of all contracts (commonly swap contracts) between two parties and their replacement by new obligations forming part of a single agreement. Amounts due under a discharged contract are added to running balances between the parties.

French

Domaine(s)
  • Banque
  • Commerce extérieur
  • Investissements et placements
DEF

Remplacement de deux contrats existant entre deux parties et prévoyant la livraison à la même date d'une monnaie spécifiée par un contrat net unique à cette date de telle sorte que les contrats initiaux soient exécutés et les dettes éteintes.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
A product of the Translation Bureau

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