A third party is someone who is not one of the main people involved in a business agreement or legal case, but who is involved in it in a minor role.
You can instruct your bank to allow a third party to remove money from your account.
2. adjective
Third-party insurance is a type of insurance that pays money to people who are hurt or whose property is damaged as a result of something you have done. It does notpay you any money for damage you suffer as a result of your own actions.
[British]
Premiums for third-party cover are set to rise by up to 25 per cent.
third party in British English
noun
1.
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
adjective
2. insurance
providing protection against liability caused by accidental injury or death of other persons or damage to their property
third-party insurance
third party in American English
1. US
a political party organized to compete against the two major parties in a two-party system
2.
a person in a case or matter other than the principals
third party in Insurance
(θɜrd pɑrti)
Word forms: (plural) third parties
noun
(Insurance: General)
A third party is a person claiming against an insured; the first party being the insurer and the second party being the insured.
Liability insurance covers the legal liability of the insured resulting from injuriesto a third party, to their body, or damage to their property.
Liability insurance offers specific protection against third party insurance claims in which payment is not made to the insured, but rather to someonesuffering loss who is not a party to the insurance contract.
A third party is a person claiming against an insured; the first party being the insurer and thesecond party being the insured.
third party liability
Examples of 'third party' in a sentence
third party
There had to be activities which by their nature involved business dealings with third parties.
Times, Sunday Times (2015)
Not as the third party but as one of three parties of government.
Times, Sunday Times (2012)
Being the leader of the third party is one of the toughest jobs in politics.
Times, Sunday Times (2006)
Most pet insurance includes third party cover.
Times, Sunday Times (2010)
In cases where the third party does a runner, paying up is the only way.
Times, Sunday Times (2009)
If a third party is allowed to buy the ship, who knows what will happen to her?
The Sun (2008)
A third party may not understand the culture or the business objectives and priorities.
Times, Sunday Times (2007)
It is so helpful to have an unattached, unbiased third party who can allow you to process the raw and ugly emotions.
Christianity Today (2000)
Instead, third party insurance should be automatic and unavoidable, funded through a fuel surcharge.
Times, Sunday Times (2008)
The proposal, mercifully offered only for consultation, that all dog owners should be insured against claims for third party damages is preposterous.
Times, Sunday Times (2010)
Q My husband's car was damaged by a third party and needs minor repairs.
Times, Sunday Times (2010)
The tribunal reJected a number of her claims, including an allegation that the bank instructed a third party to carry out surveillance on her.
Times, Sunday Times (2013)
And if people's details have been passed on to third parties, then people have to be informed about who is holding information on them.
Times, Sunday Times (2007)
In other languages
third party
British English: third party NOUN
A third party is someone who is not one of the main people involved in a business agreement or legal case, but who is involved in it in a minor role.
You can instruct your bank to allow a third party to remove money from your account.