Party To The Transaction (Noun)
Meaning
A party of people taking a role in legal proceedings.
Classification
Nouns denoting groupings of people or objects.
Examples
- The court identified the corporation as a party to the transaction, holding them liable for any damages.
- The defendant was a party to the transaction and had to appear in court to answer to the charges.
- The bank was a party to the transaction, having facilitated the exchange of funds.
- The attorney's firm was a party to the transaction, having drafted the original contract.
- As a party to the transaction, the witness was required to provide testimony under oath.