Pronunciation: [nˈɛtɪŋ] (IPA) 
The word "netting" is spelled with a double "t" at the end, as it represents the verb form of "net". In IPA phonetic transcription, it is represented as /ˈnɛtɪŋ/. The "e" in the first syllable is pronounced as in "bed", while the second syllable is stressed and pronounced with a short "i" sound, as in "hit". The "t" sound in the final syllable is pronounced strongly, with the tongue tapping against the roof of the mouth.
Netting is a term with multiple meanings, depending on the context in which it is used. In general, netting refers to a type of fabric made by weaving or knotting threads together to form a mesh-like structure. This openwork textile is typically used for various purposes, such as fishing nets, sports equipment, or even decorative elements.
In the financial world, netting refers to a process of offsetting or pooling multiple transactions or obligations to reduce risk or simplify accounting. It involves combining or consolidating the value of multiple assets, liabilities, or cash flows into a single net amount. This practice is commonly employed in derivatives trading or in settling trades between different parties. Netting helps streamline the process by eliminating the need to settle each individual transaction separately, reducing costs and minimizing potential risks.
Netting can also have a different meaning in the context of taxation. It refers to a method of taxing where income and losses from different sources or categories are combined or offset against each other to determine the net taxable income. This mechanism is usually used in business or corporate taxation to determine the overall tax liability.
Overall, netting is a versatile term that can apply to various domains, such as textiles, finance, or taxation, with the common thread being the concept of combining or offsetting to obtain a net result.
• Urine.
• A piece of network; the process of forming meshes for nets.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
The word "netting" originated from the Middle English word "nete", which derived from the Old English word "nett". Both "nete" and "nett" meant "net" or "network". The noun form "nettunge" appeared in Middle English, referring to the action or process of using a net. Over time, this evolved into "netting", which can indicate the act of catching or entangling in a net, or the fabric made from knots or mesh used for fishing nets or other purposes.
