Lexic.us

Definition of Third party

1. Noun. Someone other than the principals who are involved in a transaction.

2. Noun. A political party organized in opposition to the major parties in a two-party system.

Definition of Third party

1. Noun. a political party in opposition to the main parties in a two-party system ¹

2. Noun. someone not directly involved in a transaction. A third entity in the Seller (first party) and Customer (second party) relationship. A Seller may employ a third party to perform specific services to augment the value of a product. For example, a manufacturer may employ a third party to pack and distribute a product. A computer manufacturer may augment their product with software from a third-party supplier. ¹

3. Noun. someone only incidentally or tangentially connected to an incident or dispute; someone other than the principals; a bystander or independent witness. ¹

¹ Source: wiktionary.com

Lexicographical Neighbors of Third Party

third island chain third law of motion third law of thermodynamics third legs third man third men third molar third normal form third occipital nerve third officer

third order stream third ovary third parties third party third party processor third penny third period third peroneal muscle third person third power

third rail third rails third rate third sacker third session third slip third slips

Literary usage of Third party

Below you will find example usage of this term as found in modern and/or classical literature:

1. The Party of the Third Part: The Story of the Kansas Industrial Relations Courtby Henry Justin Allen by Henry Justin Allen (1921)
"In the evolution of civilization and its industrial implements a third party has come to the front, and the party of the third part is greater than the ..."

2. The Party of the Third Part: The Story of the Kansas Industrial Relations Courtby Henry Justin Allen by Henry Justin Allen (1921)
"In the evolution of civilization and its industrial implements a third party has come to the front, and the party of the third part is greater than the ..."

3. Principles of the Law of Contract: With a Chapter on the Law of Agency by William Reynell Anson, Arthur Linton Corbin (1919)
"Character of the third party's right. The right of a third party beneficiary ... We cannot properly say that the promisor and the third party have made a ..."

4. United States Supreme Court Reports by United States Supreme Court, Lawyers Co-operative Publishing Company, LEXIS Law Publishing (1901)
"... declares that each of the parties of the third party shall only be liable to reserve and advance or pay to the parties of the second part or to the ..."

5. General Explanation of Tax Legislation Enacted in 1998: Report of the Joint edited by William Roth, Bill Archer (2000)
"Taxpayers allowed motion to quash all third-party summonses (sec. 3415 of the Act and sec. 7609 of the Code) Present and Prior Law When the IRS issues a ..."

6. Principles of the English Law of Contract and of Agency in Its Relation to by William Reynell Anson, Ernest Wilson Huffcut (1899)
"third party only entitled as cestui que trust. Attempts to enable a third party to sue for many joint contractors LR 5 CP 56*. have uniformly failed. ..."

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