[in-ter-di-pen-duh
nt] 
| mutually dependent; depending on each other. |
| in·ter·de·pen·dent (ĭn'tər-dĭ-pěn'dənt) adj. Mutually dependent: "Today, the mission of one institution can be accomplished only by recognizing that it lives in an interdependent world with conflicts and overlapping interests" (Jacqueline Grennan Wexler). in'ter·de·pen'dence, in'ter·de·pen'den·cy n. |
In economics, the concept that all prices are to some degree affected by all other prices and also that all markets are affected by all other markets.