counter party


noun, plural counterparties. Finance.
the other person or institution entering into a financial contract or transaction: the default of a counterparty.
Also, contraparty [kon-truh-pahr-tee] .

1980–85; counter- + party (def 8) Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
counterparty (ˈkaʊntəˌpɑːtɪ)
n , pl -parties
a person who is a party to a contract

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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