Top definition
(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.
by Abu Yahya April 05, 2010
Apr 25 Word of the Day
v. collectively or individually finding someone/something to blame for a problem, as opposed to brainstorming which connotes finding solutions to a problem
n. the act of finding someone/something to blame for a problem
(from a TV ad for HD television)
n. the act of finding someone/something to blame for a problem
(from a TV ad for HD television)
The committee commenced blamestorming over the situation rather than seeking solutions to the problem.
by TBea April 22, 2008
2
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.
by Alex Alfonso December 16, 2008