Derivatives Trading Glossary

1 words in this vocabulary list

noun a person or entity that is a party to a financial transaction

  • The bank requires a credit check on each counterparty before entering into a financial agreement.
  • Make sure you trust your counterparty before making any deals with them.
  • I wouldn't do business with that shady counterparty if I were you.
  • In chess, your opponent is your counterparty on the board.