the act of piercing or perforating, as with a pointed instrument or object. 2. a hole or mark so made. 3. Zoology. a small pointlike depression. verb (used with object), punctured, puncturing. 4. to pierce or perforate, as with a pointed instrument: to puncture leather with an awl. 5. to make (a hole, perforation, etc.) by piercing or perforating: He punctured a row of holes in the cardboard.
A Regulated Market is a multilateral system, (as defined by MiFID), which brings together or facilitates the bringing together of multiple third-party buying and selling interests in financial instruments in a way that results in a contract. For example, the London Stock Exchange (LSE).
DEFINITION of 'Multilateral Netting' An arrangement among multiple parties that transactions be summed, rather than settled individually. Multilateral netting not only streamlines the settlement process, it also reduces risk by specifying that, in the event of a default or some other termination event, all outstanding contracts are likewise terminated.