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Definition of

third party

Legal

person other than two main parties to contract a person other than the two main parties involved in a contract, for example, in an insurance contract, anyone who is not the insurance company nor the person who is insured

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Definitions of ’third party’ and meaning of ’third party’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’third party’ and other financial terms with our online QFINANCE Financial Dictionary.

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