It is an effect arising between two or more elements or substances, when they are combined together they produces a greater effect than the sum of the individual effect.
CO (Carbonly ligand) can interact with transition metal in two ways
These two effects happens at the same time, enhancing the strength of each interaction. As the CO ligand donates more electron density to the metal (from sp-orbital) the metal becomes more electron rich and able to donate more electron density to the empty p-orbital on the carbon. In short, the strength of each bonding interaction is in part dependent on the other.