noun Download 🔗Share A person holding the stakes of bettors, with the responsibility of delivering the pot to the winner of the bet. Examples : "Maria acted as the stakeholder, holding the money for the office pool until the Super Bowl winner was announced. " bet business finance Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share An escrow agent or custodian. Examples : "The stakeholder held the money for the car purchase until both the buyer and seller fulfilled the terms of the agreement. " business finance law Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share A person filing an interpleader action, such as a garnishee or trustee, who acknowledges possession of property that is owed to one or more of several other claimants. Examples : "The insurance company, acting as the stakeholder, deposited the life insurance money with the court because both the ex-wife and the current wife claimed to be the rightful beneficiary. " property law finance business Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share A person or organisation with a legitimate interest in a given situation, action or enterprise. Examples : "As a parent, I am a stakeholder in my child's education. " business organization economy person group society Chat with AIVocabulary GamePractice Reading