There are several different uses of the counterpart concept. In the field of accounting , the entry that appears in the debit and has its compensation in the credit is called the counterpart, or vice versa.
An accounting entry made to correct a mistake that was made in double-entry accounting is also called a counterparty (the one that is responsible for recording each operation twice, once in the credit and the other in the debit, to establish a link between the different elements of heritage).
It should be noted that an accounting entry is a notation that records these two items (credit and debit). The system requires that there be a balance: the concepts of credit and debt must coincide. When an error is generated, a counterpart can be appealed to reach equilibrium .
This way, if an incorrect entry is recorded, it is possible to create a counterparty to cancel the error. This allows the balances to recover to the state they had before the error occurred.
In the same way, we cannot ignore the fact that it is also used within the economic field to refer to the other party of a financial operation. Thus, for example, if a person or a company wants to invest by purchasing a financial asset, it is determined that the counterparty will be the party that sells said asset. And that can be an individual, a company, an institution...
The idea of counterpart is also used in colloquial language to name that which generates an effect opposite to that produced by something else , achieving compensation. A counterpart, on the other hand, can be an element that neutralizes or minimizes what is obtained from someone . For example: “The hotel room is small and uncomfortable but, on the other hand, the food is excellent,” “The New York Knicks forward had a bad game in the offensive sector although, on the other hand, he defended the rival star very well.” ” , “The increase in production has the counterpart of a fall in prices” .
Within the field of television we have to establish that the term in question is fashionable. And there is a series that is triumphing and whose title is precisely “Counterpart”. It is a production that revolves around the world of spies.
Alik Sakharov and Morten Tyldum are the directors of that aforementioned American series, which is broadcast on the HBO platform and stars actors such as JK Simmons, Harry Lloyd, Nazanin Boniadi and Olivia Williams, among others.
Halfway between drama and science fiction is this one, which exposes what happens when the central character, Howard, discovers that the organization to which he belongs is hiding something very important. The fact that? A gateway to another dimension, in which he will find himself involved in a series of intrigues and truly dangerous adventures. The only thing that becomes clear to him is that there is only one person he can trust, his other self.