Two solutions that co-exist in equilibrium at a given temperature and pressure and, at constant pressure (temperature), change their compositions and relative proportions with a variation of temperature (pressure). The term usually refers to two immiscible liquids, but it is also applicable to two immiscible solid solutions.
Source:
PAC, 1994, 66, 577. 'Definitions of terms relating to phase transitions of the solid state (IUPAC Recommendations 1994)' on page 580 (https://doi.org/10.1351/pac199466030577)