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contract

noun B2 Formal

Meaning

A contract is a legally binding agreement between two or more parties that outlines specific obligations and rights.
💡 A common mistake is to confuse "contract" with "contractual," which refers to something related to contracts rather than the contract itself.

Example Sentences

Did you read the contract before signing it ?
I signed the contract yesterday to start my new job .
The company signed a contract to provide services for two years .
The company signed a contract to supply goods next month .

Word in Context

Common Phrases

sign a contract breach of contract contract terms

Synonyms

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