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WordNet-Online
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Definitions from the WebCounter PartyDescription:A counter party refers to the other party involved in a financial transaction or contract. This term is commonly used in the fields of finance, investment, and banking. Senses:1. Noun (Finance)In finance, a counter party is an individual, business, or organization with whom one enters into a financial agreement or contract. Example sentence: The bank carefully assessed the creditworthiness of the counter party before entering into the loan agreement. 2. Noun (Investment)When it comes to investments, the counter party refers to the person or entity on the other side of a trade or transaction. Example sentence: In the stock market, an investor's success depends on finding a reliable counter party to execute trades smoothly. 3. Adjective (Popular)As an adjective, counter party can describe a person or thing that is widely known or enjoyed by many people. Example sentence: The band's latest album became a counter party hit, topping the charts for several weeks. 4. Adjective (Local)In a local context, counter party can signify something that is specific or exclusive to a particular area or community. Example sentence: This café offers a variety of locally sourced ingredients, providing a unique and counter party dining experience. Related Products: | ||||
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