counterparty

American  

[koun-ter-pahr-tee] / ˈkaʊn tərˌpɑr ti /

Also contraparty

noun

Finance.

plural

counterparties

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

   the default of a counterparty.

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counterparty British  

/ ˈkaʊntəˌpɑːtɪ /

noun

1. a person who is a party to a contract

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Etymology

Origin of counterparty

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

Example Sentences

Polymarket allows users to bet on future events with the counterparty to each trade being another user.

From Barron's

Polymarket allows users to bet on future events with the counterparty to each trade being another user.

From Barron's

Polymarket allows users to bet on future events with the counterparty to each trade being another user.

From Barron's

But for financial institutions and investors, the cumulative effect is a more complex operating environment marked by higher counterparty risk, regulatory divergence, and capital inefficiency.

From Barron's

But for financial institutions and investors, the cumulative effect is a more complex operating environment marked by higher counterparty risk, regulatory divergence, and capital inefficiency.

From Barron's