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- DictionaryCon·tract
noun
- 1. a written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law: "both parties must sign employment contracts"
verb
- 1. decrease in size, number, or range: "glass contracts as it cools"
- 2. enter into a formal and legally binding agreement: "the local authority will contract with a wide range of agencies to provide services"
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 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 definition: 1. a legal document that states and explains a formal agreement between two different people or…. Learn more.
A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves the transfer of goods, services, money, or a promise to transfer any of those at a future date.
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; adequate consideration ; capacity; and legality.
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 meaning, definition, what is contract: an official agreement between two or mor...: Learn more.
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.
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.
CONTRACT meaning: 1 : a legal agreement between people, companies, etc. often used before another noun; 2 : a document on which the words of a contract are written
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.
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. He signed a contract to play for the team for two years.
contract - A legally binding agreement made between two or more parties that creates duties and rights, and provides remedies for breaches of those duties.
CONTRACT meaning: 1. a legal document that states and explains a formal agreement between two different people or…. Learn more.
Apr 11, 2023 · What are contracts? Contracts are legally binding agreements. They outline the terms and conditions of the agreement (such as the goods or services being exchanged), the responsibilities and obligations of each party and the consequences of non-compliance. Common types of contracts.
[intransitive, transitive] to become less or smaller; to make something become less or smaller. Glass contracts as it cools. The universe is expanding rather than contracting. a contracting market. The economy will contract by 2 per cent this year. The heart muscles contract to expel the blood.
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.
Aug 8, 2023 · A contract is an agreement between two private parties that creates mutual legal obligations for the parties to the contract. Contracts can be in an oral form or a written form. However, it is important to note that an oral contract is more challenging to enforce and should be avoided when possible.
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.
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.
Oct 25, 2015 · According to contract law, an agreement made between two or more people or business entities, in which there is a promise to do something in return for a gain or advantage, is legally binding.
Definition of contract. 1. as in deal. a formal agreement to fulfill an obligation accused her of breaking their contract by not completing the decorating job on budget. Synonyms & Similar Words. Relevance. deal. guarantee. pledge. vow. warranty. covenant. bond. guaranty. assurance. treaty. surety. pact.
2 days ago · Definition Section of all policies that identifies terms used/referenced in that policy to encourage viewing of the AHCCCS Contract and Policy Dictionary to better understand how AHCCCS defines the word or term. However, some policies have specific terms/definitions that may have a slightly different meaning for that
22 hours ago · Derivatives are a contract that has a value that's derived from an underlying asset or index — hence the name "derivative." One example of a type of derivative is options because its value ...
Parent Recipient. CELLEBRITE INC. Parent Recipient Identifier. MBBKMVW4UQN7 (UEI ) 033095568 (Legacy DUNS ) Recipient Address. 266 HARRISTOWN ROAD STE 105. GLEN ROCK, NJ 07452-3321. UNITED STATES.
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.
