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:
In engineering and science, dimensional analysis is the analysis of the relationships between different physical quantities by identifying their fundamental dimensions (such as length, mass, time, and electric charge) and units of measure (such as miles vs. kilometers, or pounds vs. kilograms vs. grams) and tracking these dimensions as calculations ...