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:
geometric. adj. 1. (Mathematics) of, relating to, or following the methods and principles of geometry. 2. (Mathematics) consisting of, formed by, or characterized by points, lines, curves, or surfaces: a geometric figure. 3. (Art Terms) (of design or ornamentation) composed predominantly of simple geometric forms, such as circles, rectangles, triangles, etc. (ËdÊi ÉËmÉ trÉªk). adj. Also, ge`oâ¢metâ²riâ¢cal.