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  2. In business, a counterpart can refer to12345:
    • The other party in a financial transaction.
    • A person or organization representing the other side in a negotiation or collaboration.
    • A person or thing that has the same function as someone or something in a different organization.
    Learn more:
    A counterparty is the other party that participates in a financial transaction. Every transaction must have a counterparty in order for the transaction to go through. More specifically, every buyer of an asset must be paired up with a seller who is willing to sell and vice versa.
    www.investopedia.com/terms/c/counterparty.asp
    This contract is usually signed by representatives from each business, and then each business keeps a copy. These copies are called 'counterparts'. They are identical to each other and hold the same legal weight. Each counterpart is considered an original. This means that if a dispute arises, either copy can be used as evidence in court.
    contracthound.com/contract-terminology/counterpart/
    In business, a counterpart can be a person or organization representing the other side in a negotiation or collaboration.
    thecontentauthority.com/blog/opposite-vs-counterpart
    a person or thing that does the same job or has the same function as a person or thing in a different organization, etc.: Why should women in top managerial positions earn less than their male counterparts? For the first time, the company's mobile video advertising has outperformed its online counterpart. See also opposite number
    dictionary.cambridge.org/dictionary/english/counter…
    On the other hand, a counterpart is the individual or entity that corresponds to another in a specific agreement or relationship. To put it concisely, a counterparty is the party with whom you are directly engaging in a business transaction, while a counterpart is the party that corresponds to you in a specific agreement.
    thecontentauthority.com/blog/counterparty-vs-coun…
     
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    WEBJan 17, 2019 · A counterpart clause overcomes that obstacle. Conversely, a counterpart clause will be irrelevant if all parties are able to meet to …

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  9. coun·ter·part
    noun
    1. a person or thing holding a position or performing a function that corresponds to that of another person or thing in another place:
      "the minister held talks with his French counterpart"
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