Third-party source

Look up third party in Wiktionary, the free dictionary.

In <a href="/facts/Commerce/SL9xueYJ">commerce</a>, a third-party source means a supplier (or <a href="/facts/Service_provider/m4lLh5u7">service provider</a>) who is not directly controlled by either the <a href="/facts/Sales/dW1KLb52">seller</a> (first party) nor the <a href="/facts/Customer/oGqcqmhf">customer</a>/<a href="/facts/Procurement/y35C00fn">buyer</a> (second party) in a business <a href="/facts/Financial_transaction/boHRc8mw">transaction</a>. The third party is considered independent from the other two, even if hired by them, because not all control is vested in that connection. There can be multiple third-party sources with respect to a given transaction, between the first and second parties. A second-party source would be under direct control of the second party in the transaction.
In <a href="/facts/Information_technology/glMzunwe">information technology</a>, a third-party source is a supplier of software (or a computer accessory) which is independent of the supplier and customer of the major computer product(s).
In <a href="/facts/E-commerce/7vxeea0Y">e-commerce</a>, 3rd party (3P) source refers to a seller who publishes products on a marketplace, without this marketplace to own or physically carry those products. When an order comes in, a 3P seller has the item on hand and fulfills it. An example of 3P sellers are merchants participating in <a href="/facts/Amazon_(company)/YzUTUVE8">Amazon</a>'s FBM program.

Third-party source open-in-new

Third-party source