乙方 Traditional form: 乙方 Pinyin (reading): yǐfāng Definitions: party B (in a contract) (cf. 甲方 (jiǎfāng), party A) Characters: 乙 - second; 2nd heavenly stem 方 - square, rectangle; side; region; flag Traditional characters: 乙 - second; 2nd heavenly stem 方 - square, rectangle; side; region; flag