Definition of counterpart fund in English:

counterpart fund

Line breaks: coun¦ter|part fund

Entry from British & World English dictionary


A sum of money accrued in a local currency arising from goods or services received from abroad.

Definition of counterpart fund in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day deictic
Pronunciation: ˈdeɪktɪk
denoting a word whose meaning depends on context...