Contracts are legally enforceable promises. Most contract law derives from state common law, though statutory law supplements it. While the general principles are consistent nationwide, state courts may …

The meaning of CONTRACT is a binding agreement between two or more persons or parties; especially : a legally enforceable agreement between two or more parties that creates in each a duty to do …

A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent [1] to transfer of goods, services, money, or …

A contract is an agreement between two parties that creates an obligation to perform (or not perform) a particular duty. A legally enforceable contract requires the following elements, all of which are …

CONTRACT definition: 1. a legal document that states and explains a formal agreement between two different people or…. Learn more.

Contract definition: an agreement between two or more parties for the doing or not doing of something specified.. See examples of CONTRACT used in a sentence.

Sep 28, 2025 · A contract is a legally binding agreement between two or more parties that creates enforceable obligations. At its core, a contract requires a meeting of the minds, meaning all parties …

Definition of contract noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

An agreement between two or more parties, especially one that is written and enforceable by law. b. The writing or document containing such an agreement. 2. The branch of law dealing with formal …

Contract is an agreement, a promise, which is enforceable by law, between two or more parties to perform a specific job where there is offer and acceptence or act as per the agreement. The contract …