Restricted Parties
/ˈrestrɪktɪd ˈpɑːrtiz/
Definitions
- (n.) Individuals or entities subject to legal or regulatory limitations on engagement in certain transactions or activities, often due to sanctions, compliance, or risk concerns.
The company conducted a screening to ensure it would not engage with any restricted parties under the trade sanctions list.
Forms
- restricted parties
- restricted party
Related terms
See also
Commentary
Typically used in regulatory, trade compliance, and corporate governance contexts to denote persons or entities barred from participation to mitigate legal risks.
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.