A legally enforceable contract is an exchange of promises with specific legal remedies for breach.. contract law is based on the principle expressed in the latin phrase. Contract definition at dictionary.com a free online dictionary with pronunciation synonyms and translation. look it up now! Translations of contract. contract synonyms contract antonyms. information about contract in the free online english dictionary and encyclopedia.. What is contract? meaning of contract as a legal term. what does contract mean in law?. since the law of contracts is at the heart of most business dealings it is one of the. Onecle california cle / mcle provider. business contracts and competitive intelligence for investors. Meaning of contract. pronunciation of contract. definition of the word contract. origin of the word contract. to get acquire or incur: to contract a disease a debt etc.. Definition of contract from webster's new world law dictionary. Contract definition of contract from businessdictionary.com: voluntary deliberate and legally enforceable (binding) agreement between two or more competent parties.. Contract (plural contracts) an agreement between two or more parties to perform a. to contract (third-person singular simple present contracts present. Contract law is based on the latin phrase pacta sunt servanda (pacts must be kept).[1] breach of contract is recognized by the law and remedies can be provided..