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) or 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|last=|first=|date=|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|dead-url=no|access-date=2018-07-28}}</ref> | In [[commerce]], a "''third-party source''" means a supplier (or [[service provider]]) who is not directly controlled by either the [[seller]] (first party) or 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|last=|first=|date=|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|dead-url=no|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: | ||
[http://www.library.yale.edu/~llicense/definiti.shtml YLic], | [http://www.library.yale.edu/~llicense/definiti.shtml YLic], | ||
states: "not directly involved in the transaction". | states: "not directly involved in the transaction". |
Revision as of 10:13, 15 January 2019
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) or 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]Template:Dead link
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).
There are other uses of the term "third-party source" as well.
See also
References
- ↑ Template:Cite web
- ↑ "Definition - third party", Yale.edu, 2011, web: YLic, states: "not directly involved in the transaction".