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counterparty risk

   Also found in: Financial 0.01 sec.
counterparty risk
n
(Law) the risk that a person who is a party to a contract will default on their obligations under that contract


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Among the issues which top of the list for the financial services industry is the generic question of how to get better counterparty risk data, especially for hedge funds and other organizations involved in Complex Structured Financial Transactions (CSFF) and Over-the-Counter (OTC) derivatives.
Accordingly, we look forward to the recommendations of the Counterparty Risk Management Policy Group (CRMPG) regarding private-sector initiatives for enhancing the credit-risk-management practices of creditors and their leveraged counterparties.
NEW YORK -- Fitch affirms the counterparty risk rating assigned to Grand Central Funding Corporation (the company).
 
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