English

Definition of contract noun from the Oxford Advanced Learner's Dictionary

        

    contract

     noun
    noun
    BrE BrE//ˈkɒntrækt//
     
    ; NAmE NAmE//ˈkɑːntrækt//
     
    Business deals, Pay and conditions at work, Legal documents, Buying a home
     
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  1. 1  an official written agreement a contract of employment a research contract contract with somebody to enter into/make/sign a contract with the supplier contract between A and B These clauses form part of the contract between buyer and seller. contract for something a contract for the supply of vehicles contract to do something to win/be awarded a contract to build a new school a contract worker (= one employed on a contract for a fixed period of time) I was on a three-year contract that expired last week. Under the terms of the contract the job should have been finished yesterday. She is under contract to (= has a contract to work for) a major American computer firm. The offer has been accepted, subject to contract (= the agreement is not official until the contract is signed). They were sued for breach of contract (= not keeping to a contract). Wordfinderacquisition, bid, broker, contract, deal, merger, negotiation, offer, proposal, takeover Wordfinderapply, appoint, contract, dismiss, employ, job, pay, retire, work, workforce See related entries: Business deals, Pay and conditions at work, Legal documents, Buying a home
  2. 2contract (on somebody) (informal) an agreement to kill somebody for money to take out a contract on somebody
  3. Word Origin Middle English: via Old French from Latin contractus, from contract- ‘drawn together, tightened’, from the verb contrahere, from con- ‘together’ + trahere ‘draw’.Extra examples By using cheaper materials, the company has broken the terms of its contract. Do you have a contract with your employer? Eighteen companies are bidding for the contract. Either party can terminate the contract at any time. He entered into a contract with his former employer. He has a contract out on you. He’s on a three-year fixed-term contract. If you go on strike you will be in breach of contract. Many workers do not have written contracts. My advertising firm just won a lucrative contract with a cigarette company. She managed to negotiate a permanent contract with the company. She took out a contract on her ex-husband. The company is being sued for breach of contract. The contract expires at the end of next year. The contract was declared void. The firm lost the contract to a large London company. The offer has been accepted, subject to contract. The successful bidder must exchange contracts immediately and pay a deposit. They put a clause in the contract stipulating that the work should be finished by next month. They won a contract for the delivery of five fighter planes. Under her contract of employment, Mrs Lee could not be required to work at a different site. Under the terms of the contract the job should have been finished yesterday. You should make sure that you have a formal contract of employment. a series of major contracts worth millions of pounds the company fulfilling the construction contract the contract between the employer and the employee the firm carrying out the construction contract All employees have a written contract of employment. I was on a three-year fixed-term contract that expired last week. She is under contract to a major US computer firm. The company is currently negotiating a contract to build a new hotel development.
See the Oxford Advanced American Dictionary entry: contract