[koun-ter-pahrt] /ˈkaʊn tərˌpɑrt/
a person or thing closely resembling another, especially in function:
Our president is the counterpart of your prime minister.
a copy; duplicate.
Law. a duplicate or copy of an indenture.
one of two that fit, complete, or complement one another.
a person or thing identical to or closely resembling another
one of two parts that complement or correspond to each other
a person acting opposite another in a play
a duplicate, esp of a legal document; copy
mid-15c., originally countre part “duplicate of a legal document,” from Middle French contrepartie, from contre “facing, opposite” (see contra-) + partie “copy of a person or thing,” originally fem. past participle of partir “to divide” (see party (n.)).
- Counterparty risk
noun 1. the risk that a person who is a party to a contract will default on their obligations under that contract
[koun-ter-pahr-tee] /ˈkaʊn tərˌpɑr ti/ noun, plural counterparties. Finance. 1. the other person or institution entering into a financial contract or transaction: the default of a counterparty. /ˈkaʊntəˌpɑːtɪ/ noun (pl) -parties 1. a person who is a party to a contract
[koun-ter-pur-suh n] /ˈkaʊn tərˌpɜr sən/ noun 1. a person who waits on customers from behind a counter, as in a cafeteria.
[puh-tish-uh n] /pəˈtɪʃ ən/ noun 1. a formally drawn request, often bearing the names of a number of those making the request, that is addressed to a person or group of persons in authority or power, soliciting some favor, right, mercy, or other benefit: a petition for clemency; a petition for the repeal of an […]