Definition, Meaning & Synonyms

reciprocal-arrangement

noun

/rɪˈsɪprəkl əˈreɪndʒmənt/

Definition

A reciprocal arrangement refers to a mutual agreement between two or more parties where each party grants certain benefits or advantages to the others in return for corresponding benefits.

Examples

Under the reciprocal arrangement, both countries allow their citizens to work without a visa.
The companies established a reciprocal arrangement to share resources and expertise.

Meaning

It usually involves a system of exchange where actions or services are provided with the expectation that the others will provide similar services in return.