Denied Parties
/ˈdɪˌnaɪd ˈpɑːrtiz/
Definitions
- (n.) Individuals or entities prohibited from participating in certain transactions or activities by law or regulation, often due to sanctions or legal restrictions.
Businesses must verify that their clients are not on the list of denied parties before proceeding with the contract.
Forms
- denied parties
Related terms
See also
Commentary
The term is primarily used in compliance and export control contexts to designate persons or companies legally barred from specific dealings.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.