IPA: /ˈkɒntrækt/
KK: /ˈkɒntrækt/
To make an agreement or to enter into a formal arrangement with someone.
The company decided to contract with a new supplier for their materials.
Past: contracted
Past Participle: contracted
A formal agreement between two or more parties that is legally binding and enforceable, often written down.
They signed a contract to finalize the sale of the house.
To make a formal agreement or to become smaller or tighter.
The company decided to contract with a new supplier for their materials.
Past: contracted
Past Participle: contracted
Contract → It is formed from "con-" (meaning together) and "tractus" (meaning to draw or pull). The word describes the act of drawing together or an agreement made between parties.
Think of people coming 'together' ('con-') to 'draw' ('tractus') up an agreement — that's why a contract is an agreement made between parties.