netting off

USAGE SUMMARY

"netting off" is correct and usable in written English. You can use it in financial contexts, particularly when discussing the process of offsetting debts or credits. For example: "After netting off the expenses, the company reported a profit." Alternative expressions include "offsetting" and "settling accounts."

✓ Grammatically correct

News & Media

Formal & Business

Science

Wiki

Sports

Human-verified examples from authoritative sources

Exact Expressions

13 human-written examples

The first is for big financial institutions to "internalise" their trades, netting off buy and sell orders against each other without passing them through an exchange.

The Economist

By netting off derivatives that offset each other and making a few other adjustments, it calculates its leverage ratio at 21 times, still considerably higher than most peers in Europe and America.

The Economist

The gross figure (ie, before netting off firms that closed) was at least seven percentage points higher, estimates Ronald Schramm, China Macro Finance's managing director.These figures exclude unregistered businesses, among them the country's ubiquitous tiny offices and manufacturers.

The Economist

Cudicini was wrong-footed, and it looked an awful lot like it had gone in from the initial camera angle, but in truth it had simply rebounded back into the netting off the advertising hoardings.

The Guardian - Sport

After netting off tax at 20% (the tax rate falls to 17% post 2020), the net deficit value in our sum of the parts for BT rises to £11.4bn versus £8.0bn before and leads to a 34p reduction in our [target].

The Guardian - Business

However, the combined effect of an increase in bingo gross profits tax from 15% to 22% and bringing poker out of VAT and into casino duty will cost the company £9m on an annualised basis, after netting off the VAT benefit".

The Guardian - Business

Human-verified similar examples from authoritative sources

Similar Expressions

47 human-written examples

Traders only have to worry about the creditworthiness of one entity, with which they can net off their trades.

The Economist

Its investment in CRM shares would simply have been netted off against the related financing received.It needed to be.

The Economist

By the fourth set, Tsonga had won six of his seven rushes to net off his blistering serve.

The New York Times

They favour an "hourglass" solution: competition among a number of exchanges and settlement firms, with a single central counterparty, so that users can net off sales and purchases.

The Economist

He pulled the lantern nets off the seafloor and hung them in the water column so they could swing in a storm and not get swamped.

The New Yorker

Expert writing Tips

Best practice

In formal accounting reports, ensure the context clearly specifies what is being netted (e.g. "netting off tax at 20%") to avoid ambiguity.

Common error

Be careful not to use "netting off" when you mean simply "capturing" or "securing" with a physical net. In physical contexts, "netting off" often implies removal (e.g. "taking the netting off the bale"), which is the opposite of using a net to catch something.

Linguistic Context

The phrase "netting off" functions as a phrasal verb in its gerund or present participle form. In the examples provided by Ludwig, it often serves as a verbal noun describing a process (e.g. "the process of netting off trades"). It consists of the verb "net" (meaning to reach a remaining value) and the particle "off", which emphasizes the removal or deduction of the opposing value.

Expression frequency: Common

Frequent in

News & Media

65%

Formal & Business

20%

Science

10%

Less common in

Wiki

3%

Encyclopedias

1%

Social Media

1%

Ludwig's WRAP-UP

The phrase "netting off" is a versatile expression most commonly utilized in financial and business contexts to describe the process of balancing or canceling out opposing figures. According to Ludwig AI, it is frequently found in high-quality sources like The Economist and The Guardian to explain complex trades or tax adjustments. Interestingly, the phrase also has a literal, physical meaning—referring to the removal of mesh netting—which appears in agricultural and domestic guides. Whether you are discussing the "netting off" of derivatives or removing protection from a garden bed, the phrase remains a precise and grammatically correct choice in modern English. It is a reliable term for any writer needing to convey the concept of deduction leading to a net result.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

offsetting

The most direct synonym in financial contexts for balancing debts and credits.

netting

Omits the particle "off" while retaining the core meaning of determining a net value.

canceling out

More informal but describes the same effect of mutual elimination of values.

deducting

Focuses on the subtraction aspect rather than the mutual balance.

balancing

Suggests reaching an equilibrium between two opposing figures.

clearing

Specific to financial settlements where trades are finalized and net positions determined.

neutralizing

Often used when one position is taken to remove the risk of another.

reconciling

Implies a process of making two accounts or figures consistent with each other.

squaring

A more colloquial business term for settling a balance or account.

striking a balance

An idiomatic way to describe the result of the netting process.

FAQs

How do I use "netting off" in a financial sentence?

In finance, you can use it to describe offsetting positions. For example: "The bank was "netting off" buy and sell orders to reduce transaction volume."

What is the difference between "netting off" and "offsetting"?

While often interchangeable, "offsetting" is a broader term, whereas "netting off" specifically implies the calculation of a net remainder after deduction.

Can "netting off" be used for physical objects?

Yes, in agricultural or domestic contexts, it refers to the removal of mesh. You might say, "Make sure you get all the "netting off" the bale before feeding the cattle."

Is it more correct to say "netting" or "netting off"?

Both are correct, but "netting" is often preferred in strictly technical accounting standards, while "netting off" is more common in descriptive financial journalism.