contract verb - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “contract”

See all translations

contract

verb
 
 
/kənˈtrækt/
[I] ECONOMICS if a market or economy contracts, less money is being earned, spent, or invested in it: contract by 3%/5%, etc. The country’s economy contracted by 2% in the first quarter.
[I or T] LAW to make a legal agreement with another person or company, for example, to do work for them or to use their services: be contracted to do sth A local architecture firm was contracted to design and plan the new symphony hall.
(Definition of contract verb from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of contract?
Add Cambridge dictionaries to your browser to your website

Definitions of “contract” in other dictionaries

Word of the Day

generous

willing to give money, help, kindness, etc., especially more than is usual or expected

Word of the Day

May I sit here? Asking for and giving permission.

by Liz Walter,
June 03, 2015
We often find ourselves in situations where we need to ask for permission or to reply to people who ask us for permission. Here are some words and phrases to help you do this in a natural way. The simplest way to ask for permission is with the modal verb can: Can

Read More 

ebolaphobia noun

June 01, 2015
irrational fear of the (spread of) the Ebola virus Ebolaphobia Going Viral

Read More