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

counterpertuitive

An action that is intuitive, but counterproductive to the aims or well-being of the subject.

Eric, it's highly counterpertuitive to go running around in the snow when you're intoxicated.

counterpertuitive by Flava_Rave July 16, 2008

counterfart 

When you hear someone near you fart and you blast out a much louder and more powerful fart in retaliation.

You walk in to wake your son up in the morning and hear him fart....you blast out the counterfart in return....son laughs "Ah Dad you won with that counterfart!"

counterfart by Vinny Liggio February 8, 2009

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

contempathy 

n. Contempt immediately followed by empathy, as coined by Marc Maron in his stand-up comedy special More Later.

I don't even know what it was, but my brain just went, "Fuck that guy," but then like two seconds later my brain just went, "Aw, he's sad." My contempathy for him was strong.

contempathy by riverharkness10 September 12, 2016