Third party: Difference between revisions
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imported>Doug Williamson (Remove surplus links.) |
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* [[Related party]] | * [[Related party]] | ||
* [[Third party provider]] | * [[Third party provider]] | ||
* [[Third party risk]] | |||
* [[Unrelated party]] | * [[Unrelated party]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Revision as of 17:36, 10 January 2024
1. Law - contract - legal proceedings - agreements - other arrangements - noun.
A person or other entity not directly involved in a contract, transaction or legal proceedings.
2. Other situations - noun.
Any person, group, organisation or other entity not primarily involved in a situation between two other people, groups, organisations or other entities.
3. Law - contract - legal proceedings - agreements - other arrangements - other situations - adjective.
Relating to such a person or entity.
Often written third-party.
For example, KY3P refers to knowledge and understanding of third-party risk in relation to transactions.
Third parties would include, for example, suppliers as well as customers.
