bilateral

Vocabulary Word

Definition

The term 'bilateral' refers to something that involves or affects two sides, parties, or nations. It's not just about two things, but it’s about two things working together or being affected together.

Examples in Different Contexts

In film co-production, a 'bilateral' agreement involves two production companies from different countries. A producer might say, 'We've entered into a bilateral partnership with a French film company for our next project.'

Practice Scenarios

Business

Scenario:

We're drafting a contract for our new supplier. It's crucial to ensure fairness and mutual benefit.

Response:

I absolutely agree. We should create a bilateral contract that ensures both parties fulfil their duties properly.

Tech

Scenario:

Our new device is yet to be launched. It's a revolutionary step towards data transfer, as it offers bi-directional features.

Response:

Absolutely, our device that enables bilateral data transmission will change the way we communicate.