Noun
counter-party (plural counter-parties)
Alternative spelling of counterparty
Because OTC derivatives are not traded on an exchange, there is no central counter-party. Source: Internet
If the owner of the contract exercises this right, the counter-party has the obligation to carry out the transaction. Source: Internet
;Inadimplenti non est adimplendum : "One has no need to respect his obligation if the counter-party has not respected his own." Source: Internet
This represents the maximum losses a bank could incur if all its counter-parties default and there is no netting of contracts, and the bank holds no counter-party collateral. Source: Internet
Representation of The Boeing Company as counter-party to executory contracts. Source: Internet
So you’re adding open-ended counter-party risk which now makes me feel like I’m placing a trade, when all I wanted was an intelligent to-do list. Source: Internet