stakeholder

stakeholder
stake·hold·er /'stāk-ˌhōl-dər/ n
1: a person holding property or owing an obligation that is claimed by two or more adverse claimants and who has no claim to or interest in the property or obligation
the stakeholder can interplead the claimants
2: a person having an interest or share in a commercial undertaking

Merriam-Webster’s Dictionary of Law. . 1996.

stakeholder
n.
(1) A person with an interest in a business or transaction.
(2) A third party who holds property or money that is the subject of a contest between two other people, such as a lawsuit or a wager.
See also interpleader

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


stakeholder
1) In law, a person holding money or property in which he or she has no right or title while awaiting the outcome of a dispute between two or more claimants to the money or property is settled. Once the right to legal possession is established by judgment or agreement, the stakeholder has a duty to deliver to the owner the money or property. (See also: escrow agent)
2) In business, a person or company that can be affected by an organization's actions and therefore has an interest in the outcome of a project or activity.
Category: Business, LLCs & Corporations
Category: Representing Yourself in Court
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.


stakeholder
n. A disinterested party who is entrusted to withhold contested money or property while the arguments are being adjudicated or worked out; the third party who is holding the stakes in a wager between two or more parties; a person with an interest in a business or enterprise of some sort, but is not necessarily an owner.

Webster's New World Law Dictionary. . 2000.

stakeholder
n.
   a person having in his/her possession (holding) money or property in which he/she has no interest, right or title, awaiting the outcome of a dispute between two or more claimants to the money or property. The stakeholder has a duty to deliver to the owner or owners the money or assets once the right to legal possession is established by judgment or agreement.
   See also: escrow

Law dictionary. . 2013.

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