Third-spacing refers to the pathological redistribution of fluid from the intravascular and interstitial compartments into a transcellular space where it becomes physiologically unavailable (peritoneal cavity as ascites, pleural space as effusion, interstitial space as massive edema, bowel lumen in obstruction). This occurs when capillary hydrostatic pressure exceeds oncotic pressure (heart failure, fluid overload), when plasma oncotic pressure decreases (hypoalbuminemia from liver failure, nephrotic syndrome, malnutrition), or when capillary permeability increases (sepsis, burns, pancreatitis, major surgery). The paradox of third-spacing is intravascular volume depletion despite total body fluid excess — the patient appears edematous but is hemodynamically depleted, requiring careful volume resuscitation while the underlying cause is treated. During the reabsorption phase (typically 48-72 hours post-insult), third-spaced fluid remobilizes into the vascular compartment, creating risk for acute fluid overload and pulmonary edema — the nurse must anticipate this shift and monitor closely.