Third-Party Beneficiary Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Third-Party Beneficiary, written in plain English, along with examples of how it is used.

What is Third-Party Beneficiary?

Someone (third party) who has been beneficary to the contract though not a direct party to contract and having the right to sue.Normally the third party has no legal rights unless he is the beneficiary of such contract or agreement.