Body that isn’t the principal or direct party but can benefit from its performance or will have enforceable rights.
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THIRD PARTY CHECK
Check that has been endorsed by the payee to a new party who then becomes the holder of the check.
THIRD PARTY CLAIM
a claim for property that is made by a third person who is not a party to a dispute that is in court relating to the property.
THIRD PARTY COMPLAINT
an attempt to bring a third party to a case by a defendant as the third party is liable to him.
THIRD PARTY DEFENDANT
A party that the original defendant brings into a law suit.
THIRD PARTY ENDORSEMENT
An unsolicited or solicited testimonial or recommendation from a body that is not the seller or manufacturer of the product.
THIRD PARTY ENDORSER
Product recommendation or testimonial by a user or customer.
THIRD PARTY ENHANCEMENT
Support from a third party credit supporter. It is used to prove creditworthiness when assets or collateral are not available.
THIRD PARTY LETTER OF CREDIT (L/C)
Agreement of 3 parties where first party establishes an L/C to favour the second party for a transaction performed by the third party
THIRD PARTY LIABILITY
the responsibility of a third person and not the original defendant or plaintiff.
THIRD PARTY LIABILITY LAWS
Legislation that can hold a third party contributing to damage or injury of another party.
THIRD PARTY LOGISTICS (3PL)
Arrangements where a firm will outsource logistical operations to one or more specialist firms. See fourth party logistics.
THIRD PARTY PAYOR
Term referring to a company acting as a payer under cover provided by a health care plan such as Medicare.
THIRD PARTY PLAINTIFF
Party brought in as claimant by the defendant in a law suit.
THIRD PARTY PRACTICE
a practice that will allow a defendant to bring a third party into a case.
THIRD PARTY RECOVERY
Group hired to get back money that is owed to businesses or individuals.
THIRD PERSON
the term that si given to a bystander, a disinterested party and one not involved in a law suit.
THIRD SECTOR
Non-profit or voluntary economy sector serving as ‘an intermediary space between business and government where private energy can be deployed for public good ‘ as stated by Jim Joseph. Also […]
THIRD WORLD
Name that groups all the poorest nations of Africa, Latin America , Asia and the Middle East that have a colonial past and are developing, less developed or a least […]
THIRD-NIGHT-AWN-HINDE
By the laws of St. Edward the Confessor, if any man lay a third night in an inn, he was called a ” third-night-awn-hinde ,” and his host was answerable […]
THIRD-PARTY INSURANCE
Liability insurance bought by an insured from the insurer to protect against claims from another party.
THIRDBOROUGH, or THIRDBO- ROW
An uuder-constable. Cowell.
THIRDINGS
The third part of the corn growing on the land, due to the lord for a heriot on the death of his tenant, within the the manor of Turfat, in […]
THIRDS
The designation , In colloquial language, of that portion of a decedent’s personal estate (one-tliird) which goes to the widow where there is also a child or chil- dreu. See […]
THIRLAGE
In Scotch law. A servitude by which lands are astricted or “thirled” to a particular mill, to which the possessors must carry the grain of the growth of the astricted […]