[Answer] What is a сounterparty? – Answer the following [Answer] What is a сounterparty? Correctly and Stand a chance to win Amazing Prizes Every Day.
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[Answer] What is a сounterparty?
Answer – Step 1 : Introduction to the question " What is a сounterparty? "… A counterparty (sometimes contraparty) is a legal entity, unincorporated entity, or collection of entities to which an exposure of financial risk may exist. The word became widely used in the 1980s, particularly at the time of the Basel I deliberations in 1988.Well-drafted contracts usually attempt to spell out
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