[net-ing] 
| any of various kinds of net fabric: fish netting; mosquito netting. |
[net] noun, verb, net⋅ted, net⋅ting.| 1. | a bag or other contrivance of strong thread or cord worked into an open, meshed fabric, for catching fish, birds, or other animals: a butterfly net. |
| 2. | a piece of meshed fabric designed to serve a specific purpose, as to divide a court in racket games or protect against insects: a tennis net; a mosquito net. |
| 3. | anything serving to catch or ensnare: a police net to trap the bank robber. |
| 4. | a lacelike fabric with a uniform mesh of cotton, silk, rayon, nylon, etc., often forming the foundation of any of various laces. |
| 5. | (in tennis, badminton, etc.) a ball that hits the net. |
| 6. | Often, nets. the goal in hockey or lacrosse. |
| 7. | any network or reticulated system of filaments, lines, veins, or the like. |
| 8. | any network containing computers and telecommunications equipment. |
| 9. | the Net, the Internet. |
| 10. | Mathematics. the abstraction, in topology, of a sequence; a map from a directed set to a given space. |
| 11. | (initial capital letter ) Astronomy. the constellation Reticulum. |
| 12. | Informal. a radio or television network. |
| 13. | to cover, screen, or enclose with a net or netting: netting the bed to keep out mosquitoes. |
| 14. | to take with a net: to net fish. |
| 15. | to set or use nets in (a river, stream, etc.), as for catching fish. |
| 16. | to catch or ensnare: to net a dangerous criminal. |
| 17. | (in tennis, badminton, etc.) to hit (the ball) into the net. |
[net] adjective, noun, verb, net⋅ted, net⋅ting.| 1. | remaining after deductions, as for charges or expenses (opposed to gross ): net earnings. |
| 2. | sold at a stated price with all parts and charges included and with all deductions having been made. |
| 3. | final; totally conclusive: After all that work, what was the net result? |
| 4. | (of weight) after deduction of tare, tret, or both. |
| 5. | net income, profit, or the like. |
| 6. | to gain or produce as clear profit. |
| net 1 (nět) n.
[Middle English, from Old English; see ned- in Indo-European roots.] net'ter n. |
| net 2 (nět) adj.
[Middle English, elegant, remaining after deductions, from Old French, elegant, and from Old Italian netto, remaining after deductions, both from Latin nitidus, clean, elegant; see neat1.] |
| net·ting (nět'ĭng) n.
|
Netting
1. Settling mutual obligations at the net value of a contract as opposed to its gross dollar value.
2. Reducing the transfer of funds between subsidiaries to a net amount.
Investopedia Commentary
Netting often occurs in situations where one of the participants is experiencing extreme financial difficulty, such as bankruptcy.
Related Links
An Overview Of Corporate Bankruptcy
Z Marks The End
See also: A/R, Bankruptcy, Net Asset Value, Subsidiary
net
For the closing transaction in a security, the difference between net proceeds from the sale and the total outlay for the purchase.
See net income.
netting
in textiles, ancient method of constructing open fabrics by the crossing of cords, threads, yarns, or ropes so that their intersections are knotted or looped, forming a geometrically shaped mesh, or open space. Modern net fabrics are produced not only by the netting method but also by weaving, knitting, and crocheting and are usually machine-made. The meshes vary greatly in shape and size, and weights range from fine to coarse. Tulle is an extremely fine, soft net with hexagonal-shaped meshes, and bobbinet also has hexagonal meshes. Nets having square corners, with knots in each of the corners, are frequently used in fishing and are popular for curtains.
Learn more about netting with a free trial on Britannica.com.
