A word for both "payer" and "payee" [duplicate]
I'm working on making a ledger app that shows transactions. The focus is always on a single ledger, so transactions have a positive or negative amount, which raises or lowers the ledger's balance. However, we have a hard reference to the "other party ledger," to which, or from which money moved.
I'm having a hard time coming up with a word for the header that describes this column, since it could be the payee or the payer.
E.g.,
Date | Description | ???? | Amount | Running Balance |
---|---|---|---|---|
2021-01-01 | Initial account funding | checking account 1234 | +100 | 100 |
2021-01-02 | Transfer to John Doe | john.doe.1234 | -50 | 50 |
2021-01-03 | Transfer from Jane Doe | jane.doe.5678 | +25 | 75 |
I'd like to avoid using the word "account" since it has a different meaning elsewhere in the app, and "Payer/Payee" seems confusing since it doesn't indicate when one applies vs the other.
How about counterparty:
an opposite party in a contract or financial transaction.
-- Oxford Languages
Another dictionary gives this example:
The counterparty to the option buyer is the option writer.
To/from would be a reasonable column header here. It doesn't necessarily call to mind a financial transaction specifically, but it's a common way to describe an act where one could be on either the giving or receiving end.