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contract

contract A contract is an agreement in which two or more people express a shared intention that changes their legal relationship, creating a legal obligation rather than a mere promise.

A contract is an agreement in which two or more people express a shared intention that changes their legal relationship, creating a legal obligation rather than a mere promise. The word can also mean the written document that states the terms of that agreement.

Also see

Sources

Drafting source: Baldwin Dictionary of Philosophy and Psychology, 1901. 1901 New York Macmillan original; archive index checked 2026-10-18. “Contract” (Contract).
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These citations identify the drafting sources. 2/2 independent reader passes against the pinned source packet. The drafter does not count as a reader. Source institutions do not endorse this dictionary.

Cite this entry

PsychTerms (psychterms.org), CC BY 4.0, version 1. “contract.” Development preview.

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