What is the meaning of counterparty?

counterparty is a term used to identify the "other" party in a two-party transaction. For example, the counterparty of a buyer is the seller to that buyer. The term counterparty is frequently used to identify the other party in repurchase agreement transactions and in interest rate swap transactions.

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APABarry Goldsmith. (2010). counterparty. Retrieved September 30, 2026, from http://smartdefine.org/counterparty/definitions/1150967
ChicagoBarry Goldsmith. 2010. "counterparty" http://smartdefine.org/counterparty/definitions/1150967 (accessed September 30, 2026).
HarvardBarry Goldsmith 2010, counterparty, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/counterparty/definitions/1150967>.
MLABarry Goldsmith. "counterparty" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/counterparty/definitions/1150967>