Third party, or minor party, is a term used in the United States' two-party system for political parties other than the Democratic and Republican parties. The Electoral College for presidential elections and the plurality voting system for most other elections have established a two-party system in American politics. Third parties are most often encountered in presidential elections and while third-party candidates rarely win elections, they can have an effect on them through vote splitting and other impacts.
With few exceptions, the U.S. system has two major parties which have won, on average, 98% of all state and federal seats. According to Duverger's law two main political parties emerge in political systems with plurality voting in single-member districts. In this case, votes for minor parties can potentially be regarded as splitting votes away from the most similar major party. Third party vote splitting exceeded a president's margin of victory in three elections: 1844, 2000, and 2016.