Meaning & use
Synallagmatic
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Describing a contract in which both parties undertake mutual and reciprocal obligations to one another.
See it in a sentence
A contract of sale is synallagmatic because both buyer and seller take on binding duties.
Civil law systems often draw a formal distinction between synallagmatic and unilateral contracts.
A note on using this word
Derived from Greek 'synallagma' (mutual agreement), the term appears mainly in civil law jurisdictions and comparative contract law.
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