Meaning of “bilateral” in the English Dictionary

"bilateral" in British English

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bilateraladjective

uk /ˌbaɪˈlæt.ər.əl/ us /ˌbaɪˈlæt̬.ɚ.əl/

(Definition of “bilateral” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"bilateral" in American English

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bilateraladjective [ not gradable ]

us /bɑɪˈlæt̬·ər·əl/

involving two groups or countries:

bilateral relations
The countries signed a bilateral agreement.

(Definition of “bilateral” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"bilateral" in Business English

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bilateraladjective

uk /baɪˈlætərəl/ us

involving or affecting two different organizations, countries, etc.:

Futures contracts are bilateral agreements, with both the purchaser and the seller equally obligated to complete the transaction.
Mexico already has bilateral trade agreements with Colombia, Venezuela, and Costa Rica.
bilaterally
adverb /ˌbaɪˈlætərəli/ /-ˈlæṱɚ-/

There are a number of matters that can be discussed bilaterally at the highest level.

(Definition of “bilateral” from the Cambridge Business English Dictionary © Cambridge University Press)