The first is quantification of the risk of counterparty nonperformance.
What does CP stand for?
CP stands for Counterparty (credit)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of CP
We have 227 other meanings of CP in our Acronym Attic
- Cost & Performance
- Cost Performance
- Cost Plus (type contract)
- Cost Price
- Cotati Philharmonic
- Couch Potato
- Counter Pollution
- Counterparts (Rush album)
Samples in periodicals archive:
In January, twelve major internationally active banks and securities firms formed the Counterparty Risk Management Policy Group.
Some entities have been unable to enforce the terms of derivatives contracts against a counterparty -such as a government agency or a company in a regulated industry-that does not have the authority to enter into the transaction or lacks adequate or clear documentation of contract terms.
Most swaps involve taking counterparty credit risk, but those risks are controllable.