Synallagmatic contract definition

Search

Synallagmatic contract

Synallagmatic contract logo #21000 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 synallagmatic contracts include contracts of sale, of service, or of hiring. In common law jurisdictions, it ...
Found on http://en.wikipedia.org/wiki/Synallagmatic_contract
No exact match found.