Third party beneficiary

{
  "id": "MLC-T-LAW-004910",
  "term": "Third party beneficiary",
  "field": "Law",
  "definition": "A person who is not a party to a contract but stands to benefit from its performance. The original parties to the contract intend for this individual to receive a benefit. Such a beneficiary may have legal rights to enforce the contract under certain circumstances, depending on whether they are an intended or incidental beneficiary.",
  "url": "https://mlchart.com/terminology/law/third-party-beneficiary/"
}