Counterparty vs Customer - What's the difference?
counterparty | customer |
(finance, legal) The other party to a financial transaction
A patron; one who purchases or receives a product or service from a business or merchant, or intends to do so.
(informal) A person, especially one engaging in some sort of interaction with others.
As nouns the difference between counterparty and customer
is that counterparty is the other party to a financial transaction while customer is a patron; one who purchases or receives a product or service from a business or merchant, or intends to do so.counterparty
English
Alternative forms
*counter-partyNoun
(counterparties)Derived terms
*counterparty risk *central counterpartycustomer
English
Noun
(en noun)- Every person who passes by is a potential customer .
- a cool customer''''', ''a tough '''customer''''', ''an ugly '''customer