1. A person, organization, or entity that meets the required qualifications or criteria to participate in, be selected for, or benefit from a particular process, program, or agreement
Only eligible parties may apply for the government grant program.
Apenas as partes elegíveis podem se candidatar ao programa de bolsa do governo.
2. In legal contexts, a party that satisfies all conditions necessary to have rights or obligations under a contract or legal proceeding
Both eligible parties signed the contract before the deadline.
Ambas as partes elegíveis assinaram o contrato antes do prazo.