________ is the process that cancels via offset all, or part, of the debt owed by one entity to another related entity.
A)Syndicated banking
B)Centralized depositing
C)Multilateral netting
D)Debt cancellation

Question

Quizplus · Accepted Answer

Multilateral netting is the process that cancels via offset all, or part, of the debt owed by one entity to another related entity. It is commonly used to reduce foreign exchange risk in multinational corporations by consolidating multiple transactions and currencies into a single net amount. Syndicated banking involves a group of banks working together to provide financing to a borrower, centralized depositing refers to a system where funds are deposited and managed in a central location, and debt cancellation involves forgiving a debt entirely without receiving payment in full.

________ Is the Process That Cancels Via Offset All, or Part