nettouttamaan

Nettouttamaan is a Finnish verb meaning to net out or to offset to a final net amount. It is primarily used in accounting, finance, and banking to describe the process of combining multiple monetary items and subtracting opposing values to arrive at a single figure. The action can apply to receivables and payables, cash flows, or gains and losses that need to be presented as a net position. The corresponding noun form is nettouttaminen, and related terms include nettoutus or netting.

In practical use, nettouttaminen often occurs in intercompany reconciliations within a corporate group and in payment netting arrangements between financial institutions, where netting reduces the number of settlements and lowers settlement risk and transaction costs. For example, companies may nett out intercompany receivables and payables to produce a net payable or net receivable; banks may nett out payments under bilateral or multilateral netting agreements.

In English-language finance, the verb is commonly translated as “to net out” or “to net,” while the Finnish term emphasizes the method of offsetting to a net total. Etymologically, it derives from the root related to net amounts and the Finnish infinitive suffix -maan/-tamaan.

See also: netting, offsetting, intercompany reconciliation, settlement netting.