party

Definitions

General English

Accounting

  • noun a person or organisation involved in a legal dispute or legal agreement

Forex

  • An individual or firm that files or responds to a legal action or takes a side of a transaction. For example, a party to a forex fraud lawsuit might be called a claimant or a respondent, depending on whether they were making a claim against another or were responding to a claim.

Law

  • noun a person or group of people involved in a legal dispute, legal agreement or crime

Marketing

  • noun a group of people who meet to celebrate something or to enjoy themselves

Politics

  • noun a political group which joins together to gain representation and political power and which is united by common goals and ideas

Travel

  • noun a group of people doing something together

Origin & History of “party”

The Latin verb partīrī ‘divide up’ was derived from pars ‘part’ (source of English part). The feminine form of its past participle, partīta, was used in vulgar Latin as a noun meaning ‘part, side’, and passed into English via Old French partie. this was later reinforced by Old French parti, which came from the Vulgar Latin neuter form *partītum and contributed the English word’s more salient current senses ‘political group’ and (in the 18th century) ‘social gathering’. other contributions made to English by the Latin past participle are the element -partite of words like bipartite, tripartite, etc and (via Italian) the musical term partita (19th c.).
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