Counterpart Definition In Legal Terms
Counterpart definition is one of two corresponding copies of a legal instrument. A corresponding person or thing.
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Often a contract is in several counterparts which are the same but each paper is signed by a different party particularly if they are in different localities.
Counterpart definition in legal terms. How to use counterpart in a sentence. Often a contract is in several counterparts which are the same but each paper is signed by a different party particularly if they are in different localities. In terms of financial markets the bond seller and bond buyer are counterparties.
English may be the common language of the world but the common law is not the common law of the world. A futures contract is a standardized agreement to buy or sell the underlying commodity or asset at a specific price at a future date. One that has the same functions and characteristics as another.
Thats why in a unique project translegal has teamed up with leading law schools from around the world to create an online multilingual law dictionary linking the worlds legal languages to a single. One that closely resembles another. Counterpart synonyms counterpart pronunciation counterpart translation english dictionary definition of counterpart.
Essentially instead of searching the next section of sky that we would normally we go off and observe some other area that has a higher probability of containing an optical counterpart of a gravitational wave event said eric christensen catalina sky survey director and lunar and planetary laboratory senior staff scientist. The world law dictionary project. In the law of contracts a written paper which is one of several documents which constitute a contract such as a written offer and a written acceptance.
In the law of contracts a written paper which is one of several documents which constitute a contract such as a written offer and a written acceptance. What everyone should know about markets.
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