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stakeholder definition - legal

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 Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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