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n. a person having in his/her possession (holding) money or property in which he/she has no interest, right or title, awaiting the outcome of a dispute between two or more claimants to the money or property. The stakeholder has a duty to deliver to the owner or owners the money or assets once the right to legal possession is established by judgment or agreement. (See: escrow)

STAKEHOLDER, contracts. A third person, chosen by two or more persons, to keep in deposit property, the right or possession of which is contested between them and to be delivered to the one who shall establish his right to it. Thus each of them is considered as depositing the whole thing. This distinguishes this contract from that which takes place when two or more tenants in common deposit a thing with a bailee. Domat, Lois Civ. liv. 1, t. 7, s. 4; 1 Vern. R. 44, n. 1.
     2. A person having in his hands money or other property claimed by several others, is considered in equity as a stakeholder. 1 Vern. R. 144.
     3. The duties of a stakeholder are to deliver the thing holden by him to the person entitled to it on demand. It is frequently questionable who is entitled to it. In case of an unlawful wager, although be may be justified for delivering the thing to the winner, by the express or implied consent of the loser; 8, John. 147; yet if before the event has happened he has been required by either party to give up the thing deposited with him by such party, he is bound so to deliver it; 3 Taunt. 377; 4 Taunt. 492; or if, after the event has happened, the losing party give notice to the stakeholder not to pay the winner, a payment made to him afterwards will be made in his own wrong, and the party who deposited the money or thing may recover it from the stakeholder. 16 S. & R. 147; 7 T. R. 536; 8 T. R. 575; 4 Taunt. 474; 2 Marsh. 542. See 3 Penna. R. 468; 4 John. 426; 5 Wend. 250; 2 P. A. Browne, 182; 1 Bailey, 486, 503. See Wagers.

References in periodicals archive ?
We should endeavour to take it beyond being a forum for political dialogue only, make it reach out to the people of member states and create wider stakeholding amongst economic partners and civil society," said Ansari.
The business objective, and thus the possibility of ethical business, is always excluded by one of the commonest bases of conventional business ethics and CSR: the profoundly defective Stakeholder Doctrine (also known as Stakeholding or the Stakeholder Model).
CSH provides three ways of surfacing the difference between value judgements amongst stakeholders: (i) contrasting 'ought' with 'is', (ii) contrasting 'involved' with 'affected' and (iii) contrasting perceived stakes with stakeholding development from each stakeholder perspective.
In the light of this critique, they suggest that much of the "knowledge" of special education is misconceived, and they proceed to advance a rationale for inclusion out of ideas about stakeholding, social justice, and human rights.
But how did the newspaper learn of the estimated 8% stakeholding in the first place?
The partners and directors constitute the senior stakeholding group in the firm and our new structure will allow all of those people to take a more active role in developing the business.
58% stakeholding to a company called Red and White which is jointly-owned by Russian billionaire Alisher Usmanov and London-based investor Farhad Moshiri.
Labour politicians echoed these ideas by arguing that stakeholding should be extended to the welfare domain as well.
This majority stakeholding in SUPOR will dramatically boost SUPOR and Groupe SEB's growth on the Chinese market and on the international markets.
At the other end of the stakeholding spectrum, the definitive stakeholders normally include a strong coalition of local elites--the business community, the team owners, the media, and local politicians--that have generally been proponents of subsidizing sports facilities.
But though the Polish government has an interest in keeping the Daewoo factory open, there has been a delay in a deal being signed with Rover because the stakeholding Polish banks reckon the plant is worth more for its scrap value.
It also opens the way for China to take a substantial financial part in the programme through a stakeholding in the Galileo Joint Undertaking, the body established to manage the programme.