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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

counterballs 

When you foresee someone is going to troll you online and you troll them first.
Counterballs dude! I thought he was going to get you. Well played.
counterballs by Kenar9 February 17, 2022

counterflipping 

A combination of the drugs benadryl (DPH or diphenhydramine) and robotussin (DXM or dextromethorphan). Usually used in a 300/300mg mix, the user experiences a lucid dream like state of hallucinations. The DXM takes away the anxiety and general fear caused by DPH adding a whole new layer to the trip.

DPH is said to potentiate DXM by inhibiting enzymes in the liver, thus causing more DXM to make it into the bloodstream. DPH will entirely get rid of the roboitch and can curb nausea caused by DXM.

This combination is bad on the heart and should only be used rarely. Unfortunately 'bad trips' could be caused by this combo if used irresponsibly. One should do it alone in a dark room with their favorite albums playing to trip observing the stunning closed eye visuals.

The term counterflipping was coined based on the fact that DPH and DXM are near polar opposites when comparing hallucinations. The term is also based on the fact that both can be bought over the counter, thus *counter*flipping occurs.
Counterflipping is a great way to get high legally off of shit you can buy at CVS
counterflipping by OTC tripper December 27, 2016

Counterfeit 

A person that dresses, talks, and acts wealthy, but is faker than a three dollar bill.

You may find people like this in your school, place of business, or public transit sporting a fake Gucci or Lois Vuitton, acting as if they are above you, but really they just have a really good sugar daddy.
Oh Becky look at that counterfeit over there, should we tell her her Lois is fake?
Counterfeit by Huangho February 13, 2019

Counterfuck 

The process of fucking with someone emotionally, physically, or psychologically in response to being fucked with.
Dude my girlfriend said I sucked in bed so I counterfucked her by saying her vagina has mucus in it.
Counterfuck by Swagapartacus February 23, 2011