MUTUAL

Interchangeable; reciprocal; each acting in return or correspondence to the other; given and received; spokeu of an engagement or relation in which like duties and obligations are exchanged. “Mutual” is not synonymous with “common.” The latter word, in one of its meanings, denotes that which is shared, in the same or different degrees, by two or more persons; but the former implies reciprocal action or interdependent connection. As to mutual “Accounts,” “Assent,” “Combat,” “Conditions,” “Contracts,” “Cove- nants,” “Credits,” “Debts,” “Insurance,” “Insurance Company,” “Mistake,” “Promise,” and “Testaments,” see those titles.

More On This Topic



Link to This Definition
Did you find this definition of MUTUAL helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary