SAY WHAT???
Dude! (or Dudette), I'm sorry, but if you had to look up this word, I'd say you are looking in the wrong website... either that, or you need us real, real bad! But here's what uncle Merriam had to say about the word, anyway:
1par·ty 
Pronunciation: 'pär-tE
Function: noun
Inflected Form(s): plural parties
Etymology: Middle English partie part, party, from Old French, from partir
to divide -- more at PART
Date: 14th century
1 : a person or group taking one side of a question, dispute, or
contest
2 : a group of persons organized for the purpose of directing the
policies of a government
3 : a person or group participating
in an action or affair <mountain-climbing party> <a party
to the transaction>
4 : a particular
individual : PERSON
<an old party approaching 80>
5 : a detail of soldiers
6 : a social gathering; also : the entertainment
provided for it
- party adjective
