In common law legal systems, a contract is an agreement having a lawful object entered into voluntarily by two or more parties, each of whom intends to create one or more legal obligations between them. The elements of a contract are "offer" and "acceptance" by "competent persons" having legal capacity who exchange "consideration" to create "mutuality of obligation."

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  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. 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. A part of legal studies dealing with laws and jurisdiction related to contracts.
  4. An order, usually given to a hired assassin, to kill someone.
  5. The declarer's undertaking to win the number of tricks bid with a stated suit as trump.


  1. To draw together or nearer; to shorten, narrow, or lessen.
    The snail's body contracted into its shell.
    to contract one's sphere of action
  2. To shorten by omitting a letter or letters or by reducing two or more vowels or syllables to one.
    The word "cannot" is often contracted into "can't".
  3. To enter into a contract with.
  4. To enter into, with mutual obligations; to make a bargain or covenant for.
  5. To make an agreement or contract; to covenant; to agree; to bargain.
    to contract for carrying the mail
  6. To bring on; to incur; to acquire.
    She contracted the habit of smoking in her teens.
    to contract a debt
  7. To gain or acquire (an illness).
  8. To draw together so as to wrinkle; to knit.
  9. To betroth; to affiance.


  1. Contracted; affianced; betrothed.

The above text is a snippet from Wiktionary: contract
and as such is available under the Creative Commons Attribution/Share-Alike License.

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