There are multiple definitions - click on the translation that matches your context.

parte

substantivo

full

counterparty

noun

Comparative law notes

Portugal

Translation tip: note that the preposition that must follow the term party is TO, not OF. E.g. Credit risk is the risk that a counterparty to an agreement will be unable or unwilling to make required payments.

Definitions of counterparty

English

a party to a contract or to a financial transaction

Under the terms of the Settlement Agreement, the Counterparty is obliged to pay the Company £18, 000, 000 (eighteen million pounds sterling) within 10 months of the date of this judgment.