- contract
- noun /'kɒntrækt/1. a legal agreement between two parties● to draw up a contract● to draft a contract● to sign a contract♦ the contract is binding on both parties both parties signing the contract must do what is agreed♦ under contract bound by the terms of a contract● The firm is under contract to deliver the goods by November.♦ to void a contract to make a contract invalid2.♦ by private contract by private legal agreement3. an agreement for the supply of a service or goods● a contract for the supply of spare parts● to enter into a contract to supply spare parts● to sign a contract for £10,000 worth of spare parts♦ to put work out to contract to decide that work should be done by another company on a contract, rather than by employing members of staff to do it♦ to award a contract to a company or to place a contract with a company to decide that a company shall have the contract to do work for you♦ to tender for a contract to put forward an estimate of cost for work under contract■ verb/kən'trækt/to agree to do some work on the basis of a legally binding contract● to contract to supply spare parts or to contract for the supply of spare parts♦ the supply of spare parts was contracted out to Smith Ltd Smith Ltd was given the contract for supplying spare parts♦ to contract out of an agreement to withdraw from an agreement with the written permission of the other party
Marketing dictionary in english. 2015.