Meaning of the word contracts in English

What does contracts mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

contracts

US /ˈkɑːn.trækts/
UK /ˈkɒn.trækts/

Noun

plural of contract; a written or spoken agreement, especially one concerning employment, sales, or tenancy, that is intended to be enforceable by law

Example:
The company signed several new contracts this quarter.
All employees must read and sign their employment contracts.

Verb

1.

third person singular present tense of contract; decrease in size, number, or range

Example:
The pupil of the eye contracts in bright light.
The economy contracts during a recession.
2.

third person singular present tense of contract; catch or develop (a disease or infectious agent)

Example:
He contracts a cold every winter.
The patient contracts a rare infection.