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.
Definitions (2) 1. A bond issued by an entity on behalf of a second party, guaranteeing that the second party will fulfill an obligation or series of obligations to a third party. In the event that the obligations are not met, the third party will recover its losses via the bond. 2.