counterparty 

(FINANCE) for a financial instrument, the person/institution who takes the opposite position. For example, in a credit default swap (CDS), the buyer is someone who needs insurance against the possibility that a borrower will default on a loan. In that case, the counterparty is whoever receives the CDS premiums, and pays out in the event of default.

The purpose of financial options is to minimize risk to the buyer; therefore, it creates potentially lucrative opportunities for the counterparty, because the counterparty takes on so much risk.

counterparty by Abu Yahya April 5, 2010

counterparty 

n. a party thrown in response to another party in which the thrower of sed counterparty was not invited to the original party to diminish the total number of people that show up to the original party and make sed original party look lame

DUDE, let's throw a counterparty to make Davis's party look lame, by inviting everyone invited to his party and others so our party is bigger and better than his.

counterparty by Alex Alfonso December 21, 2008

Centerport 

Single-handedly, the whitest town on Long Island, New York. With 96.2% of the population is White, 0.5% African-American, and 1.9% Asian.

"I was going down White Street the other day in Centerport, and I almost thought I saw a black man! But they exist in Centerport.."

Centerport by Centerport, NY May 27, 2015

counterpart 

1. one of two corresponding copies of a legal instrument
2. duplicate
3. a thing that fits another perfectly

The blond daughter was as beautiful as her motherly counterpart (indicating the strong resemblance between a mother and daughter).

counterpart by gensoukai November 6, 2009

Cyberpartying 

when one guy and tWo milfs chat on facebook while drinking. especially if they are in different rooms or cities.

marc was cyberpartying with these two hot milfs kim and tanya on facebook last night.

Cyberpartying by shornscrotum66 December 19, 2009

counterparts 

1. An awesome Rush album released in 1993 that marked their return to guitar-based rock
2. Two things that go together

1. I was listening to Counterparts today and it was awesome!
2. Peanut butter and jelly are unlikely, but eternal counterparts.

counterparts by UrbanDictator July 7, 2006

centerport 

Centerport is an amazing town in harborfields school district. Its a very wealthy town and full of all the snobs you will ever meet and they are all concerned about MONEY!!! and everyone is overly pretty and handsome, and this all refers to the vanderbilt peninsula, not the poor president side. the hill is amazing and everyone who lives there loves it! SCREW YOU GREENLAWN!!!

CENTERPORT RULES! everyone has lots of money and are all concerned about them selves

centerport by Brian O March 26, 2007