Definition
Third Party Definition
Third-party is a term used for an entity that is not a party to a transaction or agreement, but is involved in some way. It can refer to organizations or individuals who provide services or products to one or both of the parties directly involved in an agreement, or it can simply refer to an individual or organization that is not directly involved in the transaction but has an interest in it. It is a term commonly used in politics, business, and legal contexts.
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