n. the winner in a lawsuit. Many contracts, leases, mortgages, deeds of trust or promissory notes provide that the "prevailing party" shall be entitled to recovery of attorney's fees and costs if legal action must be taken to enforce the agreement. Even if the plaintiff gets much less than the claim, he/she/it is the prevailing party entitled to in... Found on http://dictionary.law.com/Default.xhtml?selected=1596
The party to the lawsuit in whose favour the verdict has been pronounced, thereby, titled as the winner of the case. The prevailing party has the right to claim the legal fees that he/she has met while the trial and hearing was in process. Found on http://www.encyclo.co.uk/local/21213