multilateral contract

The main alternative to the multilateral contract described above, is the statutory system found on some European exchanges.

The idea is that all citizens are bound together in a sort of multilateral contract which defines our reciprocal rights and duties.

This is particularly likely to apply to multilateral contracts; ie, where one party exercises powers over a number of others.

Generators, suppliers, and non-physical traders now negotiate bilateral and multilateral contracts 'over-the-counter'.

Signing of bilateral and multilateral contracts for cooperation with news agencies of over 70 countries in the exchange of news, with special emphasis on its neighbors, Islamic countries and the Islamic Republic's political allies.