- the other person or institution entering into a financial contract or transaction: the default of a counterparty.
Also con·tra·par·ty [kon-truh-pahr-tee] /ˈkɒn trəˌpɑr ti/.
Origin of counterparty
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for counterparty
Contemporary Examples of counterparty
So why are we surprised if Goldman gets to jump the AIG counterparty line?Goldman's Crisis Control
July 21, 2009
- a person who is a party to a contract
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012