unilateral
adjective
No English definition recorded for this entry.
L341834 on Wikidata ↗Wiktionary
Pronunciation: /ˌjuːnɪˈlætərəl/ / [ˌjʉː.nɪˈlæt.ə.ɹɫ̩] / [ˌjʉː.nɪˈlæt͡ʃ.ɹɫ̩]
adj
Etymology: A modern creation (circa 1802), from New Latin ūnilaterālis (“one-sided”), from Latin ūnus (“one”) + laterālis (“sided, lateral”), equivalent to uni- + lateral.
- Done by one side only.
“For purposes of evaluating monopsony cases from the standpoint of economic efficiency, it makes sense to adopt a "purpose"-oriented classification system. After all, all monopsony cases can be reduced to either a unilateral or collusive use of buying power in order to promote the interests of the buyer.”
- Affecting only one side of the body.
- Binding or affecting one party only.