net entitlement
Defined in 1 place of the United States Code.
The term “net entitlement” means the amount by which the covered contractual payment entitlements of a financial institution or member exceed the covered contractual payment obligations of the institution or member after netting under a netting contract.
Source
- 1994–present12 U.S.C. § 4402Banks and Banking · Definitions · for purposes of this subchapter