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[Art Vandeley]

con·tract noun \'kän-?trakt\
: a legal agreement between people, companies, etc.

: a document on which the words of a contract are written

: an agreement to kill a person for money

Full Definition of CONTRACT

1
a : a binding agreement between two or more persons or parties; especially : one legally enforceable
b : a business arrangement for the supply of goods or services at a fixed price <make parts on contract>
c : the act of marriage or an agreement to marry
2
: a document describing the terms of a contract
3
: the final bid to win a specified number of tricks in bridge
4
: an order or arrangement for a hired assassin to kill someone <his enemies put out a contract on him>



http://www.merriam-webster.com/dictionary/contract