synallagmatic contract

synallagmatic contract
synallagmatic contract see contract

Merriam-Webster’s Dictionary of Law. . 1996.

synallagmatic contract
a bilateral contract creating reciprocal obligations. Sale is an example.

Collins dictionary of law. . 2001.

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  • Synallagmatic contract — In civil law systems, a synallagmatic contract is a contract in which each party to the contract is bound to provide something to the other party. Its name is derived from the Ancient Greek synallagma , meaning mutual agreement. Examples of… …   Wikipedia

  • synallagmatic contract — /sinalaegmabtak kontraekt/ In the civil law, a bilateral or reciprocal contract, in which the parties expressly enter into mutual engagements, each binding himself to the other. Such are the contracts of sale, hiring, etc …   Black's law dictionary

  • Synallagmatic — Syn al*lag*mat ic, a. [Gr. ?, from ? a mutual agreement, contract, fr. ? to exchange, negotiate with; sy n with + ? to change.] (Law) Imposing reciprocal obligations upon the parties; as, a synallagmatic contract. Bouvier. [1913 Webster] …   The Collaborative International Dictionary of English

  • synallagmatic — syn·al·lag·mat·ic /ˌsi nə ˌlag ma tik, sə ˌna ləg / adj [Greek synallagmatikos of a contract, from synallagmat synallagama contract, covenant, from synallassein to enter into a contract, from syn together with, at the same time as + allassein to… …   Law dictionary

  • synallagmatic — /ˌsɪnæləgˈmætɪk/ (say .sinaluhg matik) adjective Law (of a contract) creating mutual obligations, as opposed to unilateral. {Greek synallogmatikos of a covenant} …  

  • synallagmatic — adj. (of a treaty or contract) imposing reciprocal obligations. Etymology: SYN + Gk allasso exchange …   Useful english dictionary

  • Brocard (legal term) — A brocard is a legal principle expressed in Latin (and often derived from past legal authorities), which is traditionally used to concisely express a wider legal concept or rule. The name comes from the Latinized name of Burchard (died 1025),… …   Wikipedia

  • Meeting of the minds — For the talk show, see Meeting of Minds. Meeting of the minds (also referred to as mutual agreement, mutual assent or consensus ad idem) is a phrase in contract law used to describe the intentions of the parties forming the contract. In… …   Wikipedia

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