Personally I leave it set to depth below keel, to which I add 1.5 metres for actual depth. There is a special corner of hell reserved for the person who then reset it to actual depth and did not tell me or put it back again! Fortunately I had already slowed right down thinking ... surprised there's this much water here as we came to a sudden stop.
Since lateral means side, multilateral means basically many-sided. The philosophy of multilateralism claims that the best solutions generally result when as many of the world's nations as possible are involved in discussions, and multilateralists often favor strengthening the United Nations.
Definition. Settlement of mutual obligations between two parties (called bilateral netting) or with a third party acting as a clearing house (called multilateral netting) where the net difference (not the gross amounts) is carried forward.he arrangement was deemed satisfactory by both parties after the netting occurred where an intermediary determined the issues of contention. 2 people found this helpful. The netting agreement could not have come at a better time and I was so glad that things were going to be settled and remain that way for a long time.