cancelling
Explanation: Hmm, this one is difficult to word, but the meaning is "......net value of 0, due to sales and purchase contracts that cancel each other out." I'm pretty sure that there is an accounting term for it, although I can't remember what it is, so I am writing this so that I can follow the question. :-)
-------------------------------------------------- Note added at 7 hrs (2010-03-18 21:28:33 GMT) --------------------------------------------------
They certainly do counteract each other, but in the back of my head there is an accounting term for this - isn't there anyone out there whose brain works better than mine, it isn't difficult?
| David Siebert Local time: 01:32 Specializes in field Native speaker of: English PRO pts in category: 61
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