counterparty

Also con·tra·par·ty

[koun-ter-pahr-tee]

noun

Finance.

plural

counterparties 

1. the other person or institution entering into a financial contract or transaction.

   the default of a counterparty.

counterparty

/ ˈkaʊntəˌpɑːtɪ /

noun

1. a person who is a party to a contract

Word History and Origins

Origin of counterparty¹

1980–85; counter- + party (in the legal sense “a signatory”)

Example Sentences

Anthropic is spreading out its vendors and chip use, lowering its counterparty risk.

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“Never once has any counterparty been willing to sell me my list at my marks,” he wrote in an e-mail.

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The amount of OpenAI counterparty risk to the AI trade continues to grow.

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CoreWeave also has disclosed having some vendor-financing debt, but not the identity of the counterparty.

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That’s just one example of the substantial counterparty risk surrounding OpenAI, which stretches from the most valuable company in the world to cloud providers to land developers to power companies to gas-turbine manufacturers.

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