Definition, Meaning & Synonyms
reciprocity
noun
/ˌrɛsɪˈprɒsɪti/
Definition
The practice of exchanging things with others for mutual benefit.
Examples
- The countries established reciprocity in trade, allowing for mutual benefits.
- In friendship, reciprocity is important; both friends should support each other.
- Many economic theories are based on the principle of reciprocity in transactions.
Meaning
Reciprocity refers to a situation where two parties provide each other with services or favors; it’s about giving and receiving in return.
Synonyms
- mutuality
- exchange
- interchange
