counterparty risk

(redirected from Counter Party Risks)
Also found in: Financial.
Related to Counter Party Risks: Counterparty credit risk

counterparty risk

n
(Law) the risk that a person who is a party to a contract will default on their obligations under that contract
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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This includes market risk, credit risk, counter party risks, operational risk, safety and security, and business continuity.