Contract Definition & Meaning - Merriam-Webster
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.
CONTRACT | English meaning - Cambridge Dictionary
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 - Wikipedia
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent [1] to transfer of goods, services, money, or promise to transfer any of those at a future date.
CONTRACT Definition & Meaning - Dictionary.com
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 | Wex | US Law | LII / Legal Information Institute
A contract is an agreement between parties, creating mutual obligations that are enforceable by law. The basic elements required for the agreement to be a legally enforceable contract are: mutual assent, expressed by a valid offer and acceptance; …
Contract - Definition, Meaning & Synonyms - Vocabulary.com
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, Meaning & Usage | Justia Legal Dictionary
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. How to use "contract" in a sentence.
CONTRACT | meaning - Cambridge Learner's Dictionary
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 …
contract noun - Definition, pictures, pronunciation and usage …
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.
What is Contract? definition, elements and types - Business Jargons
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.