HomeDefinitionsCompareDebt Counterpart itemsThe financial definition for Counterpart items:In the balance of payments, counterpart items are analogous to unrequited transfers in the current account. They arise through the double-entry system in balance of payments accounting and refer to adjustments in reserves owing to monetization or demonetization of gold, allocation or cancellation of SDRs, and revaluation of the various components of total reserves. Similar MatchesCounterpartiesCounterpartiesThe parties to an interest rate swap. CounterpartyCounterpartyParty on the other side of a trade or transaction. Counterparty riskCounterparty riskThe risk that the other party to an agreement will default. In an options contract, the risk to the option buyer that the option writer will not buy or sell the underlying as agreed. Further SuggestionsReceive fixed counterpartyReceive floating counterparty Click to compare definitions of Counterpart items Click to view definitions beginning co |