contraparty

coun·ter·par·ty

C c

Definition of contraparty word

noun plural contraparty the other person or institution entering into a financial contract or transaction: the default of a counterparty. 1

before 1980

One of the 1% newest English words

1980-85; counter- + party (in the legal sense “a signatory”)

noun

adjective

verb

adverb

pronoun

preposition

conjunction

determiner

exclamation

A common word. It’s meaning is known to most children of preschool age. About 92% of English native speakers know the meaning and use the word.

Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

This diagram is provided by Google Ngram Viewer