People's party \People's party\ (U. S. Politics) A party formed in 1891, advocating in an increase of the currency, public ownership and operation of railroads, telegraphs, etc., an income tax, limitation in ownership of land, etc.
People's Party n : a former political party in the United States; formed in 1891 to advocate currency expansion and state control of railroads [syn: {Populist Party}]