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1. Dictionary

   contract

   noun

   • 1. a written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law: "he has just signed a contract keeping him with the club"
   • ▪ the branch of law concerned with the making and observation of contracts: "the law of contract"
   • ▪ an arrangement for someone to be killed by a hired assassin: "smuggling bosses routinely put out contracts on witnesses"
   • ▪ the declarer's undertaking to win the number of tricks bid with a stated suit as trumps: "South can make the contract with correct play"
   • ▪ a formal agreement to marry: "the contract between the Bride and the Bridegroom was renewed"

   verb

   • 1. decrease in size, number, or range: "glass contracts as it cools" Similar shrinkget smallerbecome smallerdecreasediminishreducedwindledeclineshrivelOpposite expandincrease
   • ▪ (of a muscle) become shorter and tighter in order to effect movement of part of the body: "the heart contracts about seventy times a minute" Similar tightenbecome/make tightertenseflexconstrictdraw inbecome/make narrowernarrowwrinkleknitcreasecorrugatepursepuckerOpposite relax
   • ▪ shorten (a word or phrase) by combination or elision: "these sources were called" Similar shortenabbreviatecutreduceabridgetruncateOpposite expandlengthen
   • 2. enter into a formal and legally binding agreement: "the local authority will contract with a wide range of agencies to provide services" Similar undertakepledgepromisecovenantcommit oneselfengageagreeenter into an agreementreach an agreementmake a dealnegotiate a deal
   • ▪ choose to be involved in (a scheme): British "politically committed members contract into paying the levy"
   • ▪ choose to withdraw from or not become involved in a scheme: British "plans to encourage people to contract out of the pension scheme"
   • ▪ secure specified rights or undertake specified obligations in a formal and legally binding agreement: "a buyer may contract for the right to withhold payment" Similar undertakepledgepromisecovenantcommit oneselfengageagreeenter into an agreementreach an agreementmake a dealnegotiate a deal
   • ▪ impose an obligation on (someone) to do something by means of a formal agreement: "health authorities contract a hospital to treat a specific number of patients"
   • ▪ arrange for work to be done by another organization: "local authorities will have to contract out waste management"
   • ▪ formally enter into (a marriage): "kings obtained dispensations to enable them to contract politically advantageous matches"
   • ▪ enter into (a friendship or other relationship): "the patterns of social relationships contracted by men and women differ"
   • 3. catch or develop (a disease or infectious agent): "three people contracted a killer virus" Similar developcatchgetpick upcome down withbecome infected withfall ill withbe taken ill withbe struck down withbe stricken withsuccumb togo down withinformal:take ill withtake sick with
   • 4. become liable to pay (a debt): "he contracted a debt of £3,300" Similar incurbecome liable to payacquirefall intorun up

   Word Origin Middle English: via Old French from Latin contractus, from contract- ‘drawn together, tightened’, from the verb contrahere, from con- ‘together’ + trahere ‘draw’.

   Derivatives

   • 1. contractee noun
   • 2. contractive adjective

   Scrabble Points: 12

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2. www.merriam-webster.com › dictionary › contractContract Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › contract

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   4 days ago · The meaning of CONTRACT is a binding agreement between two or more persons or parties; especially : one legally enforceable. How to use contract in a sentence.

3. Videos

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     Types of Contract | Types of Contract CA Foundation | Types of Contract in Indian Contract Act 1872

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4. cleartax.in › s › void-contractWhat is Void Contract: Meaning, Types, Section, and Example

   cleartax.in › s › void-contract

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   Jun 19, 2024 · 3 min read. If you deal with businesses regularly, or in general, it is important to understand what a void contract is and how you can avoid one. Void contracts lack the legal elements that make a contract lawfully enforceable. There can be multiple reasons for the same.

5. www.legalbites.in › library-contract-lawContract Law - Notes, Case Laws And Study Material - Legal Bites

   www.legalbites.in › library-contract-law

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   Jun 21, 2024 · The chief component of the contract law in India is the Indian Contract Act, which was enacted in 1872 and enforced on September 1, 1872. From arbitration enthusiasts to budding sports lawyers, the knowledge of contract law is indispensable to every law student.

6. bscholarly.com › classifications-of-contractClassification of Contract In Law Explained With Cases ...

   bscholarly.com › classifications-of-contract

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   Jun 18, 2024 · Definition of a contract. A contract is defined as a promise or set of promises which the law will enforce. It can also be defined as an agreement giving rise to obligations which are enforced or recognized by law.

7. www.pandadoc.com › blog › how-to-draft-a-contractHow to Draft Contracts — Everything You Need to Include

   www.pandadoc.com › blog › how-to-draft-a-contract

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   Jun 27, 2024 · In this guide, we’ll teach you how to draft a contract to cover everything you need to include, make perfect sense, and, of course, be legally enforceable. Key takeaways. You don’t need a law school degree for drafting contracts — however, some domain expertise or legal advice may be required if you want to create an outstanding one.

8. cleartax.in › s › difference-between-void-andDifference Between Void and Voidable Contract - ClearTax

   cleartax.in › s › difference-between-void-and

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   Jun 20, 2024 · A void contract is a legally non-existent agreement, rendering it legally unenforceable from the moment of its creation. This distinct legal status arises due to specific characteristics that fundamentally violate the essential elements of a valid contract.

9. www.investopedia.com › terms › qQuasi Contract - Investopedia

   www.investopedia.com › terms › q

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   Jun 23, 2024 · Purpose. Quasi contracts outline the obligation of one party to a second when the first receives a benefit or property from the second. A person might knowingly or unknowingly give...