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CONTRACT definition: 1. a legal document that states and explains a formal agreement between two different people or…. Learn more.
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.
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.
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.
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.
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 (on somebody) (informal) an agreement to kill somebody for money. She took out a contract on her ex-husband. He has a contract out on you. Definition of contract noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
We are bound by contract to pay the full price. She is under contract with the TV station for three more years. She contracted her lips into a frown. The muscle expands and then contracts. The hot metal contracted as it cooled. He contracted [= (more commonly) caught] a cold. She contracted chicken pox. They contracted malaria.
CONTRACT definition: 1. a legal agreement between two people or organizations, especially one that involves doing work…. Learn more.
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.
