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counterparty

[koun-ter-pahr-tee] /ˈkaʊn tərˌpɑr ti/
noun, plural counterparties. Finance.
1.
the other person or institution entering into a financial contract or transaction:
the default of a counterparty.
Also, contraparty [kon-truh-pahr-tee] /ˈkɒn trəˌpɑr ti/ (Show IPA).
Origin
1980-1985
1980-85; counter- + party ( def 8 )
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for contraparty

counterparty

/ˈkaʊntəˌpɑːtɪ/
noun (pl) -parties
1.
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
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