The participant with whom a trade is being transacted.
The other party with whom the exchange deal is being carried out.
Party on the other side of a trade or transaction.
The opposite side of a transaction, typically the Bank's corporate or commercial customers or another financial institution. Counterparty risk refers to the risk that the counterparty will not be able to meet its financial obligations under the terms of the contract or transaction it has entered into.
A participant with whom a financial transaction is made.
Any one of the participants in a transaction.
the opposite side in a financial transaction.
The other organisation or party with whom the exchange deal is being transacted.
The customer or bank with which a foreign exchange deal is executed.
The partner in a credit facility or transaction in which each side takes broadly comparable credit risk to the other. When a bank lends a company money, the borrower (not counterparty) has no meaningful credit risk to the bank. When the same two agree on an at-the-money forward exchange contract or swap, the company is at risk if the bank fails just as much as the bank is at risk if the counterparty fails (although for the opposite movement in exchange or interest rates). After inception, swap positions often move in/out-of-the-money and the relative credit risk changes accordingly. (See CreditMetrics Technical Document, page 47.)
One of the participants in a financial transaction.
A person or company with whom one transacts. E.g. banks involved in a foreign exchange transaction with each other are counterparties.
A participant in a financial transaction.
The opposing side(s) of a transaction undertaken.
The opposite party in a bilateral agreement, contract, or transaction, such as a swap. In the retail foreign exchange (or forex) context, the party to which a retail customer sends its funds; lawfully, the party must be one of those listed in Section 2(c)(2)(B)(ii)(I)-(VI) of the Commodity Exchange Act.
One of the opposing parties involved in a transaction.
A party with whom one transacts business.
Party, that a bank makes a contract covering its contract with a customer when it squares its position.
This is the party with whom an over-the-counter or foreign exchange deal is made.
A counterparty is a legal and financial term. It means a party to a contract.