noun “contract”
 singular contract, plural contracts
- a legally binding agreement between two or more people or organizations 
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 She signed a contract with the publisher for her new book.
 - (informal) an arrangement for someone to be killed, often in return for payment 
The mafia boss ordered a contract on the informant.
 - (in bridge) the number of tricks a player commits to win in the game 
Their team made a four hearts contract in the finals.
 
verb “contract”
 infinitive contract; he contracts; past tense contracted; past part. contracted; ger. contracting
- to become smaller or shorter 
The metal contracts as it cools down.
 - to make something smaller or shorter 
You have to contract your abdominal muscles to perform the exercise correctly.
 - to catch or develop (an illness or disease) 
He contracted chickenpox from his sister.
 - to agree to do something by legal contract 
The company contracted to build the new bridge within a year.
 - to make someone work for you via a contract 
The IT department contracted several developers in India.
 - to shorten (a word or phrase) by leaving out letters 
In informal speech, "do not" is often contracted to "don't".