13

What do you call both persons involved in a transaction?

E.g. Alice gives 5$ to Bob, Bob is a recipient. But what name can I give them both?

5
  • 3
    Jochem Kuijpers, writing or saying "How do you call" in your question is awkward and unnatural. The wording "What do you call" is much more common and natural. Your question would be improved, if you edited it to include this.
    – Tristan r
    Jan 29, 2014 at 23:07
  • @Tristanr Thanks for pointing that out, as you may have guessed.. I'm not a native speaker ;) Jan 29, 2014 at 23:55
  • Yes, I noticed that and a lot of other learners asking questions with the "How do you call" wording. Is it normal in your language? One of the benefits of this site is that people can learn more than just the answers to particular questions.
    – Tristan r
    Jan 30, 2014 at 0:02
  • 2
    As a Dutchman myself, I recognize his name to be Dutch. And yes, in Dutch you would say "hoe noem je ..." which could easily end up being translated as "how do you call ..." if one's not careful.
    – SQB
    Jan 30, 2014 at 9:14
  • 1
    In both Russian and in Hebrew as well, one would use "how" (как, איך) in place of "what".
    – dotancohen
    Jan 30, 2014 at 13:47

4 Answers 4

36

They are parties to the transaction.

See Black's Law Dictionary (West 1979), p. 1010, which defines "party" (in part) as

"[a] person concerned or having or taking part in any affair, matter, transaction, or proceeding considered individually."

6
  • 3
    +1 - that is more common than participants. Jan 29, 2014 at 23:03
  • Thanks, I thought about it, but got really confused.. Jan 29, 2014 at 23:06
  • Some of the terms in the Commercial Transaction Frame are discussed here and here. Jan 30, 2014 at 6:00
  • Very useful when you start talking about "third parties" (Alice gives $5 to Eve to give to Bob), or declining to be a participant ('"I won't be a party to this nonsense!" said Charlie'). Curiously the term is "third party" even when they are in fact a fourth, fifth, etc. In contrast to a third party, the original direct participants are called the "Principals" Jan 30, 2014 at 9:22
  • @IainGalloway I think "third party" just refers to the fact that the other parties are directly connected and the "third party" is an outsider, someone who got involved but isn't directly part of the connection. Feb 3, 2014 at 22:32
5

"Participants". 'Actors'. Transactors.

1
3

Participants

Enlisting Resources as Participants in a Transaction

0

Transaction parties maybe? Not a native English speaker.

3
  • 2
    Welcome to English Language & Usage. In Stack Exchange sites questions and answers should be specific and sourced, ideally, and not just based on opinion or your best guess. Consider rewriting your answer so that you explain why they would be called "transaction parties" and cite a source that supports your opinion, such as a style manual or a book on language. Jan 30, 2014 at 14:44
  • 1
    @BruceJames and the 2 downvoters. The irony is that the post with the highest number of votes contains neither explanation nor any sources with which to back up its "answer". One which was probably based on a hunch and/or personal experience rather than anything else.
    – Mari-Lou A
    Feb 1, 2014 at 1:02
  • 1
    @Mari-LouA -- I agreed with you so much, I proposed an edit to the selected answer so that it can have a source citation. Feb 6, 2014 at 20:53

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Not the answer you're looking for? Browse other questions tagged or ask your own question.