Synallagmatic contract - Wikipedia 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 [1] Its name is derived from the Ancient Greek συνάλλαγμα (synallagma), meaning mutual agreement [2] Examples of synallagmatic contracts include contracts of sale, of service, or of hiring
Synallagmatic Contract Law and Legal Definition | USLegal, Inc. A synallagmatic contract is characterized by correlative obligations, whereas a commutative contract by correlative performances The term “synallagmatic contract” in civil-law is the same as the common law's “bilateral contract ”
SYNALLAGMATIC CONTRACT - The Law Dictionary Find the legal definition of SYNALLAGMATIC CONTRACT from Black's Law Dictionary, 2nd Edition In the civil law A bilateral or reciprocal contract, in which the parties expressly enter into mutual engagements, each binding himself to the other
synallagmatic contract definition · LSData A synallagmatic contract is an agreement between two or more parties that creates obligations that can be enforced by law It can be a written document or a verbal agreement
Definition of SYNALLAGMATIC CONTRACT - Law Dictionary A synallagmatic or bilateral contract is one by which each of the contracting parties binds himself to the other; such are the contracts of sale, hiring Poth Ob n 9