Meaning of COUNTERPARTY in English

COUNTERPARTY

One of the two parties in a swap- derivative or hedging transaction. Netting and- to a growing extent- collateral agreements are used to mitigate counterparty credit risks which include (1) delays in completing master agreements and confirming transactions and (2) the rapidly expanding use of collateral to reduce credit risk.

Finance-Leasing English vocabulary.      Английский словарь финансов и лизинга.