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SourceLaw Dictionary Browse Letter M

Mutuality

Legal definition for Indian law research

Definition

mutuality


: 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 owed between the same parties standing in the same capacity




Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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