Prevailing Party Legal Meaning and Definition

Here is a simplified definition of the legal term Prevailing Party.

Prevailing Party (noun)

The prevailing party in a lawsuit is the person or group who wins the case. They're also known as the "winner." This party is usually announced by the judge or jury after reviewing all the evidence. The main benefit of being the prevailing party is the possibility of getting reimbursement for certain legal costs and fees spent during the trial process.