Meaning of “contraction” in the English Dictionary

"contraction" in English

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contractionnoun [ U ]

uk /kənˈtræk.ʃən/ us /kənˈtræk.ʃən/

(Definition of “contraction” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"contraction" in American English

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contractionnoun [ C/U ]

us /kənˈtræk·ʃən/

a reduction in size or amount:

[ C ] an economic contraction
[ U ] Heat differences cause rapid expansion and contraction of the gas.

A contraction is a shortening of a muscle intentionally, or a sudden, unexpected, and often painful shortening of a muscle:

[ U ] Contraction of the muscle raises your arm.
[ C ] Researchers think olive oil may slow stomach contractions.

grammar A contraction is also a shortened form of a word or combination of words:

[ C ] “Can’t” is a contraction of “cannot.”

(Definition of “contraction” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"contraction" in Business English

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contractionnoun [ C or U ]

uk /kənˈtrækʃən/ us ECONOMICS

a situation in which less money is being earned, spent, or invested in a market or economy:

Michigan's economy experienced a contraction last year.
(a) contraction in sth A sharp contraction in the labour market is predicted.

(Definition of “contraction” from the Cambridge Business English Dictionary © Cambridge University Press)