Template:Third-party source: Difference between revisions
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{{Wiktionary|third party}} | {{Wiktionary|third party}} | ||
In [[commerce]], a '''third-party source''' means a supplier (or [[service provider]]) who is not directly controlled by either the [[seller]] (first party) nor the [[customer]]/[[buyer]] (second party) in a business [[Financial transaction|transaction]].<ref>{{Cite web|url=http://www.sp.se/EN/PRESS/GLOSSARY/Sidor/default.aspx|title=Glossary|website=Rise Research Institutes of Sweden|archive-url=https://web.archive.org/web/20090213030328/http://www.sp.se/EN/PRESS/GLOSSARY/Sidor/default.aspx|archive-date=2009-02-13|url-status=live|access-date=2018-07-28}}</ref> The third party is considered independent from the other two, even if hired by them, because not all control is vested in that connection. There can be multiple third-party sources with respect to a given transaction, between the first and second parties. A second-party source would be under direct control of the second party in the transaction.<ref name="Yale"> | In [[commerce]], a '''third-party source''' means a supplier (or [[service provider]]) who is not directly controlled by either the [[sales|seller]] (first party) nor the [[customer]]/[[procurement#Roles in procurement|buyer]] (second party) in a business [[Financial transaction|transaction]].<ref>{{Cite web|url=http://www.sp.se/EN/PRESS/GLOSSARY/Sidor/default.aspx|title=Glossary|website=Rise Research Institutes of Sweden|archive-url=https://web.archive.org/web/20090213030328/http://www.sp.se/EN/PRESS/GLOSSARY/Sidor/default.aspx|archive-date=2009-02-13|url-status=live|access-date=2018-07-28}}</ref> The third party is considered independent from the other two, even if hired by them, because not all control is vested in that connection. There can be multiple third-party sources with respect to a given transaction, between the first and second parties. A second-party source would be under direct control of the second party in the transaction.<ref name="Yale"> | ||
"Definition - third party", Yale.edu, 2011, web: | "Definition - third party", Yale.edu, 2011, web: | ||
[http://www.library.yale.edu/~llicense/definiti.shtml YLic] {{Webarchive|url=https://web.archive.org/web/20110514051117/http://www.library.yale.edu/~llicense/definiti.shtml |date=2011-05-14 }}, | [http://www.library.yale.edu/~llicense/definiti.shtml YLic] {{Webarchive|url=https://web.archive.org/web/20110514051117/http://www.library.yale.edu/~llicense/definiti.shtml |date=2011-05-14 }}, | ||
Latest revision as of 14:27, 27 September 2025
Template:Short description Template:Selfref Template:Wiktionary
In commerce, a third-party source means a supplier (or service provider) who is not directly controlled by either the seller (first party) nor the customer/buyer (second party) in a business transaction.[1] The third party is considered independent from the other two, even if hired by them, because not all control is vested in that connection. There can be multiple third-party sources with respect to a given transaction, between the first and second parties. A second-party source would be under direct control of the second party in the transaction.[2]
In information technology, a third-party source is a supplier of software (or a computer accessory) which is independent of the supplier and customer of the major computer product(s).
In e-commerce, 3rd party (3P) source refers to a seller who publishes products on a marketplace, without this marketplace to own or physically carry those products. When an order comes in, a 3P seller has the item on hand and fulfills it. An example of 3P sellers are merchants participating in Amazon's FBM program.[3]
See also
References
- ↑ Template:Cite web
- ↑ "Definition - third party", Yale.edu, 2011, web: YLic Template:Webarchive, states: "not directly involved in the transaction".
- ↑ Template:Cite web