counterparty

American

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

Also contraparty

noun

Finance.

PLURAL

counterparties

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

the default of a counterparty.

counterparty British

/ ˈkaʊntəˌpɑːtɪ /

noun

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

Etymology

Origin of counterparty

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

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Key concerns include counterparty risk around OpenAI, an expansion of the balance sheet and “no communicated financing plan.”

From MarketWatch

Anthropic is spreading out its vendors and chip use, lowering its counterparty risk.

From Barron's

The amount of OpenAI counterparty risk to the AI trade continues to grow.

From Barron's

CoreWeave also has disclosed having some vendor-financing debt, but not the identity of the counterparty.

From The Wall Street Journal

That’s just one example of the substantial counterparty risk surrounding OpenAI, which stretches from the most valuable company in the world to cloud providers to land developers to power companies to gas-turbine manufacturers.

From Barron's

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023