What is 'Counterparty Risk'. Counterparty risk is the risk to each party of a contract that the counterparty will not live up to its contractual obligations. Counterparty risk is a risk to both parties and should be considered when evaluating a contract. In most financial contracts, counterparty risk is also known as default risk. Next Up.
dimension noun [ C ] (MEASUREMENT) âº a measurement of something in a particular direction, esp. its height, length, or width: The dimensions of the room are 26 feet by 15 feet. dimension noun [ C ] (QUALITY) âº a part or quality of a thing or situation that has an effect on the way you think about it:
1. the branch of mathematics that deals with the deduction of the properties, measurement, and relationships of points, lines, angles, and figures in space. 2. any specific system of this that operates in accordance with a specific set of assumptions: Euclidean geometry. 3. a book on geometry, esp. a textbook. 4. the shape or form of a surface or solid. 5. a design or arrangement of objects in simple rectilinear or curvilinear form.