third party Definition

third party

Definition

Someone other than the principals directly involved in a transaction or agreement.

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Related Terms on BusinessDictionary

key escrow
debt factoring
right of first refusal
breach of warranty of authority
first-party insurance
fourth party logistics (4PL)
collateral contract
tenancy by the entirety
bid bond
ultra vires
reintermediation
privity of contract
ISO 14000 Series
negotiable bill of lading (B/L)
consulting
acceptance for honor
rescission of contract
bodily injury (BI) coverage
ethical auditing
remanufacturing
accommodation bill
corporation by estoppel doctrine
third party liability laws
fraudulent trading
external verification
credit card processor
performance bond
marketing campaign
favouree
apparent authority
bank to bank letter of credit (L/C)
surety bond
alternative dispute resolution
fictitious payee rule
secure channel
appraisement
crown jewel defense
self generation
customer care provider
ultimate net loss
cashier's check
shareholder action
deed of inspectorship
mediation
certificate of insurance (COI)
straw man
defective design cover
negative pledge
certification authority (CA)
assignment clause
garnishee
deficiency agreement
neutral party
certified copy
assignment of benefits
garnishment
street-name security
direct credit substitute
no claims bonus
check guarantee
assignment of claims
good offices
subcontract
non-core activities
assignment of proceeds
grievance mediation
subrogation principle
liabilities of directors
collision insurance
assignment under documentary credit
direct pay letter of credit (L/C)

Open Financial Exchange (OPX)
colocation
assured tenancy
holder in due course
third-party insurance
direct payment
pay to order
qualified auditor
imposter rule
third party logistics (3PL)
door opener
vicarious performance
authentication key
letter of indemnity
personal guarantee
automobile third party insurance
infomediary
plug in
frustration of contract
aval
instruction to pay
trusted domain
preemption right
contract logistics
bank guaranty
environmental audit
contract maintenance
third party beneficiary
ISO 9000 Series
trustee in bankruptcy
environmental management standard
quality auditor
financial assistance
assignable
transaction account
contingent liability
drawer
protector
independent contractor
escrow agent
bond insurance
credit enhancement
arbitrator
street name
guaranty
affiliate
liability insurance
occurrence
arbitration
confirmation
conflict of interest
intervention
escrow
lessor
endorsement
draft
remainder
director
secure
trustee
trust

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