party Meaning in Cambridge Business English Dictionary
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Meaning of "party" - Business English Dictionary

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party

noun
 
 
/ˈpɑːti/ ( plural parties)
[C] one of the people or groups of people involved in an official disagreement, arrangement, or similar situation: Both parties were happy with the result of the negotiations.
[C] a group of people who are involved in an activity together, especially a visit: A party of college students is visiting the factory today. Our restaurants offer a discount of 10% to parties of 10 or more. There will be 8 people in our party, so we'll need to book a table.
[C] a social event where a group of people meet to talk, eat, etc., often in order to celebrate a special occasion: We're having a farewell party for the sales manager.have/throw/give a party They're going to throw a party to celebrate a great year.
[C] POLITICS an organization of people with particular political beliefs which competes in elections for positions in local or national government: a political party the governing/ruling/opposition party the Democratic/Green/Conservative Party He was elected as party leader in 2011. →  See also charter party , concert party , interested party , non-party , related party , third party , working party
(Definition of party from the Cambridge Business English Dictionary © Cambridge University Press)
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