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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

clusterfart 

An occasion when a group of flatulent people gather to emit the rankest fartcloud possible.
This is an A1 clusterfart, a reeking synthesis of Limburger cheese and chili.
clusterfart by Dr Bunnygirl June 1, 2018

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.

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

counterfeit fag 

A guy who hangs out at gay bars pretending to be gay. His Modus Operandi is to trick an unsuspecting female patron into thinking he has never been with a woman before and that she'll offer to be his first. A pathetic creature to say the least. Sometimes the joke ends up being on him as the odds of bringing home a transtesticle have increased ten-fold.
Female- Do you come here often?
CF- All the time. I'm gay you know.
Female- Ever been with a woman before?
CF- 500 men but not a single woman
Female- Do you want to try it?
CF- I don't know if it's me or the Wine Cooler talkin' But Yeah I'd like to try it.

later at the motel

CF( reaching into female skirt upon grabbing hold of a hairy set of nuts)
You ain't a woman!!!
Female(now male) What kind of fag reaction is that!! Your not a fag after all. I know where you hang out wait til I tell your friends.
counterfeit fag by Tommy R May 29, 2005