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  2. 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.
    dictionary.cambridge.org/dictionary/english/counter…
    A counterparty refers to the other party involved in a financial transaction or contractual agreement. In simple terms, it is the individual or entity with whom you engage in a business deal or exchange financial obligations. The counterparty can be an individual, a company, a financial institution, or even a government entity.
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