Real Party
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
Practice statutes frequently require that actions be brought in the name of the "real party in interest." As so used, the term means the person having the real beneficial interest in the obligation sued on. Thus, the assignee of a demand is the real party in interest (68 N. Y. 30), as is the person for whose benefit a contract is made by another (138 N. Y. 468; 112 N. Y. 1).