Legal Definitions - reciprocity

Reciprocity is when two parties agree to exchange privileges or benefits for mutual gain. This can happen between states, nations, businesses, or individuals for commercial or diplomatic purposes.

For example, Minnesota and Wisconsin have a reciprocity agreement that allows citizens of either state to attend the other state's public universities at the in-state rate. This means that if a student from Minnesota wants to attend a university in Wisconsin, they can pay the same tuition rate as a Wisconsin resident. The same goes for a student from Wisconsin who wants to attend a university in Minnesota.

Another example of reciprocity is when two businesses agree to exchange goods or services of equal value. For instance, a restaurant might offer free meals to a neighboring business in exchange for advertising or referrals.

These examples illustrate how reciprocity can benefit both parties involved. By exchanging privileges or benefits, each party gains something they value while also strengthening their relationship with the other party.