* In accounting and auditing: An affiliated party is a person or entity that has a relationship with another person or entity that could influence the financial decisions or activities of either party. This could include parent companies, subsidiaries, joint ventures, key management personnel, and close family members of management. The specific definitions vary by accounting standard (e.g., IFRS, US GAAP).
* In politics: An affiliated party might refer to a political party that is closely associated with, but not formally part of, a larger political party or movement. They might share similar ideologies but operate independently.
* In legal contexts: The term might describe an organization or individual connected to a case, even if not directly involved as a plaintiff or defendant. This could include witnesses, consultants, or related businesses.
* In business: An affiliated party could refer to a company with shared ownership, management, or business interests with another company.
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