Definitions
There are 2 meanings of the phrase
Third Party.
Third Party - as a noun
Someone other than the principals who are involved in a transaction
A political party organized in opposition to the major parties in a two-party system
Example Sentences
"The insurance company allowed the third party to file a claim on behalf of the policyholder."
"The contract specified that any disputes would be resolved through arbitration with a neutral third party."
"We hired a third party to conduct an audit of our financial statements."
"The politician accused his opponent of accepting funds from a third party organization."
"The court appointed a third party to oversee the distribution of the estate among the heirs."