The termination circuit for use in a transmission line to transmit a differential signal includes a first series circuit of a resistive element and an inductive element connected between one of two signal wires of the transmission line and a reference potential, and a second series circuit of a resistive element and an inductive element connected between the other of the signal wires and the reference potential. The inductive elements of the first and second series circuits are magnetically coupled such that they generate magnetic fields having such directions as to reinforce each other when a common-mode signal flows along the transmission line, and generate magnetic fields having such directions as to weaken each other when a differential-mode signal flows along the transmission line.