Learn English – Word describing people who need to establish trust, But aren’t friends


I'm looking for a single word that would describe two people that need to establish trust between them but aren't friends. An example might be buyer and seller, if person A buys a car from person B. Both of them need to have some trust however they won't meet each other ever again.


Best Answer

"Counterparties" is the word that is used in the financial industry for parties at either end of a transaction. It's most frequently seen as part of the phrase "counterparty risk", which is the risk that a counterparty won't be able to hold up its end of the bargain.