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LSDefine

Simple English definitions for legal terms

outside party

Read a random definition: statement of financial condition

A quick definition of outside party:

Outside party: A person who is not directly involved in a legal case or agreement, but is somehow connected to it. They are also known as third parties or third persons.

A more thorough explanation:

An outside party is someone who is not directly involved in a legal case or agreement, but is still affected by it in some way.

  • In a divorce case, the children of the couple are considered outside parties.
  • In a business contract, a supplier who is not a signatory but whose goods or services are essential to the contract is an outside party.

These examples illustrate how an outside party is someone who is not directly involved in a legal case or agreement, but their interests or rights may be affected by the outcome of the case or agreement.

outside financing | outsourcing agreement

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