third-party beneficiary

third-party beneficiary

A person who, though not a party to a contract, stands to benefit from the contract’s performance.

? For example, if Ann and Bob agree to a contract under which Bob will render some performance to Chris, then Chris is a third-party beneficiary. [Cases: Contracts 187(1). C.J.S. Contracts ¡ì 602.]


How do Chinese legal professionals usually express the term third-party beneficiary?
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