Word of the Day – December 18, 2024

third party relationship

Acronyms

  • None

Preferred Term

  • None

Non-standard Terms

Definitions

Type Definition Sources
Noun Any business arrangement between the primary organization and another entity, by contract or otherwise. Third party relationships include activities that involve outsourced products and services, use of independent consultants, networking arrangements, merchant payment processing services, services provided by affiliates and subsidiaries, joint ventures, and other business arrangements where the primary organization has an ongoing relationship or may have responsibility for the associated records. (used 72 times in citations and controls)
  • Per ISO 704:2009 methodology

Other Forms

Type Other Form
Plural third party relationships
Plural Possessive third party relationships'
Possessive third party relationship's

Relationships

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Citations

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