Meaning of Contract A legal agreement between two or more parties. To become smaller or shorter. Example Sentences She signed a contract with the company. The builder completed the work as per the contract. Always read the contract before signing. He got a one-year contract for the project. The muscles contract when you move your arm. Cold weather can cause metal to contract. The contract clearly states the terms. They renewed the contract last month. The company breached the contract. The disea