The term "third" refers to the ordinal number that indicates the position of something in a sequence, specifically the one that comes after the second. For example, in a race with three runners, the one who finishes last is in third place. It is often used in various contexts, such as ranking, ordering, or dividing something into parts. In mathematics, "third" can also refer to a fraction, specifically one part of three equal parts, represented as 1/3. This concept is commonly used in cooking, measurements, and dividing items among people. Understanding "third" helps in grasping basic concepts of order and division.