contract
/ˈkɒntɹækt/noun
A formal agreement, usually written, in which two or more parties promise to carry out specific work or duties.
Example sentences
- “She signed a two-year contract with the design firm.”
- “Read the contract carefully before you sign anything.”
As a verb, stressed on the second syllable, it means to shrink or to catch an illness: metals contract, and people contract the flu.