party in interest

Definition of "party in interest"
  1. An entity whose rights might be influenced due to a potential action, particularly an action undertaken by a governmental or legal institution
How to use "party in interest" in a sentence
  1. The payment default directly impacted the party in interest who had investments in the company.
  2. The party in interest submitted a claim as the court's decision affected their property rights.
  3. As a party in interest, the corporation was entitled to attend the court hearings.

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