| 单词 | counter party |
| 释义 | counter party The other party in any transaction. For an exporter, the counter party is the foreign customer; for a lender, the counter party is the borrower. In any transaction, counter-party risk is the risk that the other parties may fail to fulfill their side of any contract or informal bargain. In many markets, market-makers can reduce counter-party risks for both sides by substituting themselves as the counter party for both outside buyers and sellers. Outsiders are left dealing with ‘the market’, and do not have to worry about the solvency or honesty of a particular trading partner. |
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