third party


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third party

a person who is involved by chance or only incidentally in a legal proceeding, agreement, or other transaction, esp one against whom a defendant claims indemnity

Third Party

 

in civil law, a participant in a proceeding who has a legal interest in the outcome of the dispute between the plaintiff and defendant. Soviet law distinguishes two categories of third parties.

The first type of third party makes an independent claim to the subject matter of the dispute. Such a third party may intervene in a case to protect his rights or lawful interest by filing a suit against one or both of the parties, on the same ground of action as the original suit. For example, in a dispute concerning the division of an inheritance among heirs by operation of law, an heir under the will may intervene, filing a suit to have himself recognized as having rights to all or part of the property to be inherited. Such a third party possesses all the rights and duties of the plaintiff and defendant.

The second type of third party does not make an independent claim to the subject matter of the dispute. Such a third party in tervenes in the case on the side of the defendant or plaintiff. The third party may be joined in the case on his own initiative, or he may be brought in on the initiative of the court or by the petition of the plaintiff, defendant, or procurator. For example, in a suit brought by a citizen against a motor vehicle transport organization to receive compensation for damage caused by a motor vehicle, the driver of the vehicle may participate in the case in the capacity of a third party on the side of the defendant. If the claim of the victim against the organization is satisfied, the organization may file an indemnity action against the driver. A third party of this type has most of the rights and duties of a plaintiff or defendant.

third party

A separate individual or organization other than the two principals involved. A third party is typically a company that provides an auxiliary product not supplied by the primary manufacturer to the end user (the two principals). Countless third-party add-on and plug-in products keep the computer industry advancing at a rapid pace. The third-party vendor is often the most innovative.
References in periodicals archive ?
''Yung third party na private, well-known experts, investigators na walang kinikilingan na parties,' Banlaoi said.
Due to fear of shame, couples don't tell all the stories behind the quarrels, and the third party will be treating cancer with malaria drugs.
'It is important that once he has decided to go along that path, he mentions the third party ...this is a good opportunity; identify the third party ...let's put the third party on the spot.
While the federal government did introduce a $1,000 spending limit on third party advertising in 1993, per the Lortie Commission's recommendation, it departed from the Commission on the types of advertising that should be regulated by limiting it to advertising that directly promoted or opposed a party or candidate during an election.
Sabrina Webb, of uSwitch.com, says: "Every year, drivers could be missing out on huge savings when they insure their cars, as they mistakenly believe that third party cover is always cheaper than a fully comprehensive policy."
Condition 1: We assume that there are only one telecom carrier and one third party payment company, both of them want to get the dominant power of mobile payment market in the game.
The patent-pending service simplifies and standardises third party risk management processes focusing on vendor due diligence and ongoing monitoring.
For instance, a data-protection questionnaire would be sent to a third party with access to sensitive data, but a compliance questionnaire would be sent to a third party with requirements to comply with laws and regulations.
Integrating this disparate data into a centralized platform can facilitate the application of powerful analytics to develop a revealing profile of a third party's potential risk.
political parties do such a poor job representing Americans that a third party is needed.
Motor insurance has two components-third party, which covers losses to a third party (other than the owner of the insured car) in case of an accident involving an insured car, and own damage, which covers the insured vehicle against damage and theft.