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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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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.
Oct 30, 2023 · 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.
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.
contract - A legally binding agreement made between two or more parties that creates duties and rights, and provides remedies for breaches of those duties
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.
Sep 20, 2024 · contract, in the simplest definition, a promise enforceable by law. The promise may be to do something or to refrain from doing something. The making of a contract requires the mutual assent of two or more persons, one of them ordinarily making an offer and another accepting.
A contract is a legal agreement, usually between two companies or between an employer and employee, which involves doing work for a stated sum of money. The company won a prestigious contract for work on Europe's tallest building. He was given a seven-year contract with an annual salary of $150,000.
a legal agreement between two people or organizations, especially one that involves doing work for a particular amount of money. Examples. a legally binding contract. a lucrative contract. I don't remember signing a contract. They have to provide a contract by law. Your contract will set out the terms of your employment. contract. verb.
