Mutuality
Mutuality Mu`tu*al"i*ty, n. [Cf. F. mutualit['e].] 1. The quality of correlation; reciprocation; interchange; interaction; interdependence. [1913 Webster]

2. (Law) Reciprocity of consideration. --Wharton. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • mutuality — mu·tu·al·i·ty /ˌmyü chə wa lə tē/ n: the quality or state of being mutual: as a: the quality of a contract under which both parties are bound by obligations b: the state of debts for purposes of set off under bankruptcy law in which the debts are …   Law dictionary

  • mutuality — (n.) 1580s, from MUTUAL (Cf. mutual) + ITY (Cf. ity) …   Etymology dictionary

  • mutuality — Reciprocation; interchange. An acting by each of two parties; an acting in return. Mutuality of contract means that obligation rests on each party to do or permit doing of something in consideration of other party s act or promise; neither party… …   Black's law dictionary

  • mutuality — Reciprocation; interchange. An acting by each of two parties; an acting in return. Mutuality of contract means that obligation rests on each party to do or permit doing of something in consideration of other party s act or promise; neither party… …   Black's law dictionary

  • mutuality — Term used to describe an organisation owned by its members for their own benefit, e.g., Building societies and Insurance companies. * * * mutuality UK US /ˌmjuːtʃuˈæləti/ noun [U] FINANCE, INSURANCE ► a situation in which a financial organization …   Financial and business terms

  • mutuality — noun The property of being mutual. The mutuality of mutually assured destruction is key to its function as a deterent …   Wiktionary

  • mutuality — mutual ► ADJECTIVE 1) experienced or done by each of two or more parties towards the other or others. 2) (of two or more parties) having the same specified relationship to each other. 3) held in common by two or more parties. 4) (of a building… …   English terms dictionary

  • mutuality — noun 1. a reciprocality of sentiments (Freq. 1) the mutuality of their affection was obvious • Syn: ↑mutualness • Derivationally related forms: ↑mutual (for: ↑mutualness), ↑ …   Useful english dictionary

  • mutuality — noun Date: circa 1586 1. the quality or state of being mutual 2. a sharing of sentiments ; intimacy …   New Collegiate Dictionary

  • mutuality — /myooh chooh al i tee/, n. condition or quality of being mutual; reciprocity; mutual dependence. [1580 90; MUTUAL + ITY] * * * …   Universalium

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