Netting is a financial process used to reduce the number of transactions between parties by consolidating multiple obligations into a single net amount. This method helps streamline payments and minimize the risk of default, as it allows parties to settle only the difference between what they owe each other. It is commonly used in various financial markets, including derivatives and foreign exchange. In addition to its financial applications, netting can also refer to a technique used in fishing, where a net is employed to catch fish. This method involves using a mesh material to trap fish in a specific area, making it easier for fishermen to gather their catch efficiently.