real-time gross settlement - a settlement system in which processing and settlement take place on an order-by-order basis (without netting) in real time (continuously)
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vt ka kirjet „üleeuroopaline automaatne reaalajaline brutoarvelduste kiirülekandesüsteem - Trans-European Automated Real-time Gross Settlement Express Transfer system“ [5.06.2012]
The reduction of legal risks associated with participation in real time gross settlement systems is of paramount importance, given the increasing development of these systems.