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LAW DICTIONARY

 contract

Dictionary: contract

Noun

  1. An agreement between persons which obliges each party to do or not to do a certain thing. Technically, a valid contract requires an offer and an acceptance of that offer, and, in common law countries, consideration.

Related terms


Wiktionary: contract

Etymology

    From Middle English, from Latin contractum, past participle of contrahere ("to bring together, to bring about, to conclude a bargain"), from con- ("with, together") + trahere ("to draw, to pull").

Pronunciation

Noun
  • enPR: kŏn'trăkt
  • (RP) IPA: /ˈkɒntrkt/, SAMPA: /"kQntr{kt/
  • (US) IPA: /ˈkɑntrkt/, SAMPA: /"kAntr{kt/
  • Audio (US) [?]
  • Audio (UK) [?]
Verb
  • enPR: kəntrăkt, IPA: /kənˈtrkt/, SAMPA: /k@n"tr{kt/
  • {{http://upload.wikimedia.org/wikipedia/commons/c/cc/En-us-contract-verb2.ogg|Audio (US)}
  • Audio (UK) [?]

Noun

contract (plural contracts)

  1. An agreement between two or more parties, to perform a specific job or work order, often temporary or of fixed duration and usually governed by a written agreement.
  2. (law) An agreement which the law will enforce in some way. A legally binding contract must contain at least one promise, i.e., a commitment or offer, by an offeror to and accepted by an offeree to do something in the future. A contract is thus executory rather than executed.
  3. (law) A part of legal studies dealing with laws and jurisdiction related to contracts.

Hypernyms

  • (agreement that is legally binding): agreement

Derived terms

  • contractual
  • fixed-term contract
  • contract of employment

Verb

to contract (third-person singular simple present contracts, present participle contracting, simple past and past participle contracted)

  1. (transitive) To enter into a contract with.
  2. (transitive) To gain or acquire (an illness).
  3. (intransitive) To draw together or nearer; to shorten, narrow, or lessen.

    The snail's body contracted into its shell.

Synonyms

  • (gain or acquire (an illness)): catch, get
  • (lessen): abate, decrease, lessen, reduce
  • (shorten): shorten, shrink

Antonyms

  • (lessen): increase
  • (shorten): grow, lengthen

This entry is from Wiktionary - Dictionary and thesaurus. Licensed under the Creative Commons Attribution/Share-Alike License.




 

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