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third party
(redirected from third-party administrator)

   Also found in: Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
third party
n.
1. A political party organized as opposition to the existing parties in a two-party system.
2. One other than the principals involved in a transaction: I pay rent to a third party, not directly to the landlord.

third party
n
(Law) 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
adj
(Business / Insurance) Insurance providing protection against liability caused by accidental injury or death of other persons or damage to their property
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.third party - someone other than the principals who are involved in a transaction
arbitrator, umpire, arbiter - someone chosen to judge and decide a disputed issue; "the critic was considered to be an arbiter of modern literature"; "the arbitrator's authority derived from the consent of the disputants"; "an umpire was appointed to settle the tax case"
2.third party - a political party organized in opposition to the major parties in a two-party system
party, political party - an organization to gain political power; "in 1992 Perot tried to organize a third party at the national level"
Translations
third party n (Law) → terzo


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9 Third-Party Administrators 122,600 [down arrow] 6.
Four executives at NovaSys and a group of top executives from ResourceOne Administrators of Dallas joined forces to buy the third-party administrator from the consortium of hospitals that owned it.
When this policy comes up for renewal each year, the firm's third-party administrator goes comparison shopping for the best prices.
 
 
 
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