Definition of counterparty
: a party to a financial transaction
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Recent Examples of counterparty from the Web
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At one point, Overstock hired some of the primary developers behind Counterparty, but these engineers have since left the company.
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The other hope, says Robby Dermody, one of the CounterParty developers hired by Overstock, is that the system will allow startups to more easily take their companies public.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'counterparty'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of counterparty
1980
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