- A part corresponding to another part; anything which
answers, or corresponds, to another; a copy; a duplicate; a facsimile. - One of two corresponding copies of an instrument; a
duplicate. - A person who closely resembles another. - A thing may be applied to another thing so as to fit
perfectly, as a seal to its impression; hence, a thing which is adapted
to another thing, or which supplements it; that which serves to
complete or complement anything; hence, a person or thing having
qualities lacking in another; an opposite.
Counterparty Counterparty refers to the opposite party to a double transaction; that is, to a transaction involving an exchange of financial instruments or obligations now ...
Counterparty Risk Counterparty risk is the potential exposure any individual firm bears that the second party to any financial contract will be unable to fulfill ...
Definition
[ n.]