motregningsadgang

09:16 Feb 24, 2014
This question was closed without grading. Reason: No acceptable answer

Norwegian to English translations [PRO]
Bus/Financial - Finance (general)
Norwegian term or phrase: motregningsadgang
"Motregning" in this sense should be "netting", but I am wondering what the "adgang" refers to. "Netting permission" perhaps?

Here's the source: "Noter er påkrevd for innregnede finansielle instrumenter som er nettopresentert i samsvar med IAS 32 og innregnede finansielle instrumenter hvor det foreligger avtaler om betinget motregningsadgang."

Thanks,

Richard
Richard Green
United Kingdom
Local time: 06:54


Summary of answers provided
3netting rights
Eirik Birkeland


Discussion entries: 1





  

Answers


2 days 16 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
netting rights


Explanation:
Motregningsadgang is granted when the required conditions for the use of motregning to settling a monetary debt are present. It is a recourse available to both debtor and creditor.

"netting access" and "netting permission" seem valid, but perhaps "netting rights" is better?

betinget motregningsadgang > conditional netting rights


    Reference: http://www.skatteetaten.no/no/Radgiver/Rettskilder/Handboker...
Eirik Birkeland
Norway
Local time: 07:54
Works in field
Native speaker of: Native in NorwegianNorwegian
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