bilateral contract
(synallagmatic contract) A contract that creates mutual obligations, i.e. both parties undertake to do, or refrain from doing, something in exchange for the other party’s undertaking. The majority of contracts are bilateral in nature. Compare unilateral contract.

• utter Bar
• vacantia bona
• vacant possession
• vacations
• vaccine damage payment
• vagrant
• valuable consideration
• value
• value-added tax
• valued policy
• value received
• vandalism
• variance
• variation of trust
• variation to an estate
• ante litem motam
• antenuptial agreement
• antenuptial settlement
• anti-avoidance provisions
• anticipatory breach
• anticipatory self-defence
• anticompetitive practice
• antidumping
• antisocial behaviour order
• antitrust law