What is meant by the term 3rd party (or minor party)?

1. a political party with so little electoral strength that its chance of gaining control of the government is slight. I hoped this helped

A generic legal term for any individual who does not have a direct connection with a legal transaction but who might beaffected by it.

Somes tribes thought of them as a greater being

In financial aspects, a depression is a sustained, long haul downturn in monetary movement in one or more economies. it is a more extreme monetary downturn than a recession, which is a slowdown in financial action through the span of a typical business cycle. a depression is an irregular and extreme type of recession. so depression is always followed by recession but it is not correct to state that a depression always follow a recession.