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counterparty

noun

  1. opposite participant in a legal or financial transaction
L1371201 on Wikidata ↗

Wiktionary

noun

Etymology: Etymology tree Proto-Indo-European *ḱe? Proto-Indo-European *ḱóm Proto-Italic *kom Proto-Italic *kom- Proto-Indo-European *-teros Proto-Italic *-teros Proto-Italic *komterosder. Proto-Italic *komterād Latin contrāder. Old French contre- Anglo-Norman countre-bor. Middle English counter- English counter- English party English counterparty From counter- + party.

  1. The other party to a financial transaction.