third-party definition

third-party

Someone who may be indirectly involved but is not a principal party to an arrangement, contract, deal, lawsuit, or transaction.

third-party is in the Corporate, Commercial, & General Law subject.

third-party appears in the definitions of the following terms: surety bond, ISO 14000 Series, vicarious performance, netting, frustration of contract, trust, direct credit substitute, direct payment, assignment under documentary credit, marketing campaign and

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