Party involved in a - usually commercial (buying, selling, acquiring, providing products or services) - relationship, which materialises in an agreement with a counterparty. Both counterparties are also referred to as agreement parties.
Data from ISO specification
This is the technical data from the specification document.
<businessRole
xmi:id="_PToANtp-Ed-ak6NoX_4Aeg_-165932089"
name="AgreementParty"
definition="Party involved in a - usually commercial (buying, selling, acquiring, providing products or services) - relationship, which materialises in an agreement with a counterparty. Both counterparties are also referred to as agreement parties."
registrationStatus="Registered"
xmlns:xmi="http://www.omg.org/XMI" />