Usually means: Mutual, reciprocal obligations in agreement.
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We found 10 dictionaries that define the word synallagmatic contract:

General (2 matching dictionaries)
  1. synallagmatic contract: Dictionary.com
  2. Synallagmatic contract: Wikipedia, the Free Encyclopedia

Business (8 matching dictionaries)
  1. synallagmatic contract: Merriam-Webster Legal Dictionary
  2. Duhaime's Canadian law dictionary (No longer online)
  3. Glossary of Legal Terms (No longer online)
  4. Bouvier's Law Dictionary 1856 Edition (No longer online)
  5. International Law Dictionary (No longer online)
  6. Synallagmatic contract: Legal dictionary
  7. BusinessDictionary.com (No longer online)

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Definitions from Wikipedia (Synallagmatic contract)

▸ noun:  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.


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