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- Dictionarycontract
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"
verb
- 1. decrease in size, number, or range: "glass contracts as it cools" Similar Opposite
- 2. enter into a formal and legally binding agreement: "the local authority will contract with a wide range of agencies to provide services" Similar
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Definition: The term contract is defined as an agreement between two or more parties which has a binding nature, in essence, the agreement with legal enforceability is said to be a contract. It creates and defines the duties and obligations of the parties involved.
A contract is an agreement (oral or written) that enable parties (individuals or businesses), businesses, and society to come together and collaborate towards their specific desires and needs. They are official agreements that are enforceable by law. In other words, a contract is a legal obligation.
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. Synonym Discussion of Contract.
When you and someone else have agreed on something and that agreement is both binding and enforceable by law, you have a contract. When you rent an apartment, you and your future landlord sign a rental contract.
Contract definition: an agreement between two or more parties for the doing or not doing of something specified.. See examples of CONTRACT used in a sentence.
contract. noun [ C ] uk / ˈkɒn.trækt / us / ˈkɑːn.trækt / Add to word list. B1. a legal document that states and explains a formal agreement between two different people or groups, or the agreement itself: a contract of employment. a temporary / building contract.
The act of formally agreeing to a set of terms and conditions, creating a legally enforceable obligation. The act of arranging for goods or services to be provided under specific terms as outlined in a formal agreement. The process of entering into a legal agreement, creating duties and rights for the parties involved.
con·tract. (kŏn′trăkt′) n. 1. a. An agreement between two or more parties, especially one that is written and enforceable by law. b. The writing or document containing such an agreement. 2. The branch of law dealing with formal agreements between parties. 3. Marriage as a formal agreement; betrothal. 4. Games. a.
contract meaning, definition, what is contract: an official agreement between two or mor...: Learn more.
noun. /ˈkɒntrækt/ /ˈkɑːntrækt/ an official written agreement. All employees have a written contract of employment. a research/modelling/recording contract. a lucrative government contract. contract with somebody to enter into/negotiate/sign a contract with the supplier.
