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counterparty
[ koun-ter-pahr-tee ]
noun
, Finance.
, plural coun·ter·par·ties.
- the other person or institution entering into a financial contract or transaction:
the default of a counterparty.
counterparty
/ ˈkaʊntəˌpɑːtɪ /
noun
- a person who is a party to a contract
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Word History and Origins
Origin of counterparty1
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Example Sentences
So why are we surprised if Goldman gets to jump the AIG counterparty line?
From The Daily Beast
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