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:
(brÉdÎ¸, brÉtÎ¸, brÉÎ¸) n. 1. the measure of the second largest dimension of a plane or solid figure; width. 2. an extent or piece of something of definite or full width or as measured by its width: a breadth of cloth. 3. freedom from narrowness, as of viewpoint or interests. 4. size in general; extent; scope.