contract Meaning in the Cambridge English Dictionary
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Meaning of “contract” in the English Dictionary

"contract" in British English

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contractnoun [C]

uk   /ˈkɒn.trækt/  us   /ˈkɑːn-/
B1 a ​legaldocument that ​states and ​explains a ​formalagreement between two different ​people or ​groups, or the ​agreement itself: a contract of ​employment a ​temporary/​building contract They could take ​legalaction against you if you break (the ​terms of) the contract. My ​solicitor is drawing up (= writing) a contract. Don't sign/​enter into any contract before ​examiningitsconditionscarefully. [+ to infinitive] They're the ​firm of ​architects who won the contract todesign the Museum of Fine Art ​extension.be under contract to have ​formallyagreed to ​work for a ​company or ​person on a ​statedjob for a ​statedperiod of ​time
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contractverb

uk   us   /kənˈtrækt/

contract verb (SHORTEN)

[I or T] to make or ​becomeshorter or ​narrower or ​generallysmaller: In ​spokenEnglish, "do not" often contracts to "don't". As it ​cooled, the ​metal contracted.

contract verb (BECOME ILL)

C2 [T] formal to ​catch or ​becomeill with a ​disease: He contracted ​malaria while he was ​travelling.

contract verb (AGREEMENT)

C2 [I or T] to make a ​legalagreement with someone to do ​work or to have ​work done for you: [+ to infinitive] Our ​company was contracted tobuildshelters for the ​homeless.
(Definition of contract from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"contract" in American English

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contractnoun [C]

 us   /ˈkɑn·trækt/

contract noun [C] (AGREEMENT)

a ​legaldocument that ​states and ​explains a ​formalagreement between two different ​people or ​groups, or the ​agreement itself: She already has a contract for her next ​book with a ​publisher.
contractual
adjective [not gradable]  us   /kənˈtræk·tʃu·əl/
I have no other contractual ​obligations.

contractverb

 us   /kənˈtrækt/

contract verb (SHORTEN)

[I/T] to make or ​becomeshorter or ​narrower, or ​smaller: [I] When ​wetfibersdry, they contract.

contract verb (BECOME ILL)

[T] to ​catch or ​becomeill with a ​disease: She contracted ​pneumonia and was hospitalized.

contractverb [T]

 us   /kənˈtrækt/

contract verb [T] (AGREE)

to ​arrange through a ​formalagreement to have a ​person or ​companyproduce something or ​supplyworkers or ​material, esp. for ​building : The ​company had been contracted to ​buildshelters for the ​homeless. To contract out a ​job is to ​formallyarrange for other ​people to do it: [M] The ​university contracts out the ​cleaning to a ​privatecompany.
(Definition of contract from the Cambridge Academic Content Dictionary © Cambridge University Press)

"contract" in Business English

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contractnoun [C]

uk   us   /ˈkɒntrækt/
LAW a ​formalagreement between two ​people or ​companies, or a ​legaldocument that explains the details of this ​agreement: contract for sth The contract for the new ​drillingplatform went to a Dutch ​company.contract to do sth He recently ​landed a contract to write a ​book about his ​expedition.contract with sb Stateagenciesspent about $319 million on contracts with ​privatevendors last ​year.contract between sb and sb It is a ​standard contract between a ​homeseller and their ​agent. An ​independentcontractor is ​legallyresponsible for ​jobcompletion and, on ​quitting, becomes ​liable for breach of contract. draw up/write up a contract enter into/​sign a contract be ​awarded/​win/​land a contract a long-term/​short-term contract
FINANCE, STOCK MARKET a ​formalagreementrelating to ​buying or ​selling a ​stock, ​currency, ​commodity, etc. for a particular ​price at a particular ​time: An ​option differs from a futures contract, in which both ​parties make a ​bindingagreement to ​buy or ​sellcurrency at some ​point in the future.
be under contract LAW to have made a ​formalagreement with another ​person or ​company, and be ​legallyresponsible for doing what you have ​agreed to do: We're under contract to complete the ​job by the end of the ​year. PROPERTY if a ​building or ​property is under contract, the ​owner has ​officiallyagreed to ​sell it to a particular ​person for a particular ​price: Two of the site's 8000 sq ft ​commercial lofts are ​currently under contract.

contractverb

uk   us   /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 ​legalagreement with another ​person or ​company, for ​example, to do ​work for them or to use their ​services: be contracted to do sth A ​localarchitecturefirm was contracted to ​design and ​plan the new symphony hall.

contractadjective [before noun]

uk   us   /ˈkɒntrækt/ UK
WORKPLACE contract ​workers are ​paid by ​companies or other ​organizations to ​work on a particular ​job, but are not ​employees of those ​companies, ​organizations, etc.: Many contract ​workersprovideservices once ​handledin-house by the military. New and ​growingbusinesses often initially ​hire contract ​labor to prevent overstaffing and ​runawayoverheads. contract ​computingstaff
(Definition of contract from the Cambridge Business English Dictionary © Cambridge University Press)
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