mutual, adj.

1. Generally, directed by each toward the other or others; reciprocal. [Cases: Contracts 55. C.J.S. Contracts ¡ì 109.]

2. (Of a condition, credit covenant, promise, etc.) reciprocally given, received, or exchanged.

3. (Of a right, etc.) belonging to two parties; common. [Cases: Contracts 10. C.J.S. Contracts ¡ì 108.] ¡ª mutuality, n.

TermBase Contributor
Carl, Chinese legal translator, specializes in translating legal documents pertaining to complex business disputes.