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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

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

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 

Dan and Patti are couterparts because Dan said so.
Counterparts by Patti July 11, 2003

Counterpart 

Victor and CeCe are counterparts because Victor said so.
Counterpart by MsPierreBaby January 12, 2023