Contracts
/ˈkɒn.trækts/
Definitions
- (n.) Legally enforceable agreements between two or more parties creating mutual obligations.
The parties entered into contracts to supply goods for one year.
- (v.) Third-person singular present of contract, meaning to enter into a contract or to reduce in size or scope.
The company contracts with local vendors for services.
Forms
- contract (singular)
- contracts (plural)
- contracts (3rd person singular verb)
Related terms
See also
Commentary
When referring to the plural noun, use 'contracts' as plural of 'contract'; as a verb, 'contracts' is third-person singular present tense of 'contract.'
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.