/ Dictionary / Index T third party: Meaning and Definition of Find definitions for: third' par'ty Pronunciation: [key] any party to an incident, case, quarrel, etc., who is incidentally involved. (in a two-party system) a political party formed as a dissenting or independent group from members of one or both of the two prevailing major parties. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. Third Order third-party insurance Related Content Daily Word Quiz: endear Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language