Legal Definitions - party of the second part

Definition: Party of the second part is a term used in legal documents such as contracts and deeds to refer to the second party mentioned in the document. It is used to avoid repeating their name throughout the document. The first party is referred to as the "party of the first part".

For example, in a contract between John Smith and Jane Doe, John Smith would be referred to as the "party of the first part" and Jane Doe would be referred to as the "party of the second part".

This term is considered archaic and is not commonly used in modern contractual practice. Instead, parties are identified by their names or by an identifier such as buyer, seller, licensee, licensor, lessee, or lessor.

Overall, the term "party of the second part" is simply a way to refer to the second party mentioned in a legal document without having to repeat their name multiple times.