What does synallagmatic contract mean?
Definitions for synallagmatic contract
synal·lag·matic con·tract
This dictionary definitions page includes all the possible meanings, example usage and translations of the word synallagmatic contract.
Wikipedia
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 συνάλλαγμα (synallagma), meaning mutual agreement. Examples of synallagmatic contracts include contracts of sale, of service, or of hiring. In common law jurisdictions, it is roughly the equivalent of a bilateral contract and may be contrasted with a gift (as such a relationship is not one of contract) or a unilateral contract in which only one party makes an enforceable promise. In his comments on the case of Hong Kong Fir Shipping Co Ltd. v Kawasaki Kisen Kaisha Ltd. (1957), Lord Diplock said:
Numerology
Chaldean Numerology
The numerical value of synallagmatic contract in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of synallagmatic contract in Pythagorean Numerology is: 6
Translations for synallagmatic contract
From our Multilingual Translation Dictionary
- contrat synallagmatiqueFrench
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"synallagmatic contract." Definitions.net. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.definitions.net/definition/synallagmatic+contract>.
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