Third-Party Vendor

Third-Party Vendor

Term used in the Privacy Practices to represent entities that a Vendor, who has been directly hired by the firm, might hire to assist them with a task or service.

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    • Third Party

      (US) Someone not directly involved in a transaction. A third entity in addition to the first party and second party relationship, such as a seller and customer. A Seller may employ a third party to perform specific services to augment the value of a ...
    • Vendor

      The entity who maintains, collects, stores and/or processes data that they do NOT own or license. A vendor (and their third-party vendors) perform services as initially directed/requested by the Data Controller or Data Owner. Vendors are also known ...