counterparty
noun
- opposite participant in a legal or financial transaction
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.
- The other party to a financial transaction.