1. A person, entity, or organization that has been barred from participating in or benefiting from a particular activity, contract, program, or group
The contractor was listed as an excluded party and could not bid on government contracts.
O empreiteiro foi listado como parte excluída e não pôde licitar contratos governamentais.
2. In legal or regulatory contexts, an individual or business officially debarred or suspended from certain transactions or relationships
The company checked the excluded parties list before entering into any business agreements.
A empresa consultou a lista de partes excluídas antes de celebrar qualquer acordo comercial.