Counterparty Risk
The risk to each party of a contract that the counterparty will not live up to its contractual obligations.

Investopedia Says:
In most financial contracts, counterparty risk is known as "default risk".

Related Terms:
Counterparty
Country Risk
Default
Default Risk
Moral Hazard
Political Risk
Risk

• Interim Dividend
• Intermarket Analysis
• Intermarket Sector Spread
• Intermarket Spread
• Intermarket Spread Swap
• Intermediate/Medium-Term Debt
• Internal Audit
• Internal Auditor
• Internal Controls
• Internal Growth Rate
• Internalization
• Internal Rate Of Return (IRR)
• Internal Rate Of Return (IRR)
• Internal Revenue Service (IRS)
• Internal Revenue Service (IRS)
• International Accounting Standards (IAS)
• International Accounting Standards (IAS)
• International Association of Financial Engineers (IAFE)
• International Association of Financial Engineers (IAFE)
• International Bank Account Number (IBAN)
• International Bank Account Number (IBAN)
• International Banking Facility (IBF)
• International Banking Facility (IBF)
• International Bond
• International Clearing System