Counterparties
/ˈkaʊntərˌpɑːrtiz/
Definitions
- (n.) Parties on opposite sides of a legal agreement or transaction.
The contract was signed by all counterparties involved in the merger.
Forms
- counterparty
Related terms
See also
Commentary
The term often appears in contracts to collectively refer to all signatories or participants; ensure clarity by specifying each party's role when drafting.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.