Wiktionary
bisimulation
n. (context logic English) an equivalence relation between state transition systems, associating systems which behave in the same way in the sense that one system simulates the other and vice-versa
Wikipedia
Bisimulation
In theoretical computer science a bisimulation is a binary relation between state transition systems, associating systems that behave in the same way in the sense that one system simulates the other and vice versa.
Intuitively two systems are bisimilar if they match each other's moves. In this sense, each of the systems cannot be distinguished from the other by an observer.