third party beneficiary

A person who, though not a party to a contract, stands to benefit from the contract’s performance.

• For example, if Ann and Bob agree to a contract under which Bob will render some performance to Chris, then Chris is a third-party beneficiary. [Cases: Contracts 187(1). C.J.S. Contracts § 602.]

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词条贡献者

法律翻译Glen，毕业于英国一流的高级翻译学院，专注翻译各类与交易架构和策略有关的法律文件。