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bilateral contract

   Also found in: Legal, Financial 0.03 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.bilateral contract - a contract involving mutual promises (each party is both promisor and promisee)
contract - a binding agreement between two or more persons that is enforceable by law


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State regulators, meanwhile, have already allowed some of these long-term bilateral contracts, saying they are necessary alternatives to the high prices on the exchange.
Power Exchange: A Lightening Rod for Blame by FINE, HOWARD / Los Angeles Business Journal
Under this provision, if pursuant to a bilateral contract, an option is granted by a corporation to purchase its tax consolidated subsidiary that otherwise would be deemed exercised under the option rule, the actual sale date is used as the change date if it occurs within one year of the option date.
Tips and traps under the Sec. 382 option attribution rules by Crawford, Todd F. / The Tax Adviser
This includes bilateral contract and cash flow reconciliation.
DTCC Chooses CLS Bank as Global Settlement Partner For OTC ... by Business Wire
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