cotract

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Term: Contract

Description:

A contract refers to a legally binding agreement between two or more parties, typically written and enforceable by law. It outlines the terms and conditions, rights, and obligations that each party agrees to follow. Contracts are used in various contexts, such as business, employment, real estate, and more.

Part of Speech:

Noun, Verb

Senses:

Sense 1 - Noun:

A written or verbal agreement between two or more parties, typically enforceable by law.

Example Sentences:

I signed a contract with my employer for a two-year commitment.
The couple entered into a marriage contract to protect their assets.
The company renewed its contract with a famous actor for another season.

Sense 2 - Verb:

To enter into a formal agreement with someone, typically by signing a contract.

Example Sentences:

The company contracted with a renowned architect to design their new headquarters.
We need to contract a professional photographer for the wedding.
The freelancer contracted with a publishing house to write a novel.