Legal Definitions - interested party

An interested party is someone who has a stake in a matter or transaction. This means they have a recognizable interest in the outcome of the situation. For example, if a company is being sold, the employees of that company are interested parties because the sale could affect their jobs.

Another example of an interested party is a shareholder in a company. They have a financial interest in the company's success and therefore have a stake in any decisions made by the company.

Overall, an interested party is someone who has a vested interest in a situation and could be affected by the outcome.