reciprocity


rec·i·proc·i·ty

noun \ˌre-sə-ˈprä-s(ə-)tē\

: a situation or relationship in which two people or groups agree to do something similar for each other, to allow each other to have the same rights, etc. : a reciprocal arrangement or relationship

plural rec·i·proc·i·ties

Full Definition of RECIPROCITY

1
:  the quality or state of being reciprocal :  mutual dependence, action, or influence
2
:  a mutual exchange of privileges; specifically :  a recognition by one of two countries or institutions of the validity of licenses or privileges granted by the other

Examples of RECIPROCITY

  1. The proposal calls for reciprocity in trade relations.
  2. Grownups know that little things matter … and that relationships are based on respect and reciprocity. —Margaret Carlson, Time, 4 June 2001

Origin of RECIPROCITY

(see 1reciprocal)
First Known Use: 1766

reciprocity

noun    (Concise Encyclopedia)

In international trade, the granting of mutual concessions on tariffs, quotas, or other commercial restrictions. Reciprocity implies that these concessions are neither intended nor expected to be generalized to other countries with which the contracting parties have commercial treaties. Reciprocity agreements may be made between individual countries or groups of countries. Membership in the World Trade Organization to some extent precludes the signing of reciprocity treaties because WTO nations are obliged to grant most-favored-nation treatment to all other members.

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