BNET Business Dictionary
Business Definition for: Contract
- the buying and selling of securities and other financial instruments
- a mutually-agreed, legally binding agreement between two or more parties
Wiktionary Definition for: Contract
- A agreement that is legally binding, especially one that is written.
- A specific job or work order, often temporary or of fixed duration and usually governed by a written agreement.
- An agreement which the law will enforce in some way. A contract must contain at least one promise, i.e., a commitment or offer, by an offeror to and accepted by an offeree to do something in the future. A contract is thus executory rather than executed.
- A part of legal studies dealing with laws and jurisdiction related to contracts.
- to enter into a contract with
- #To gain or acquire (an illness).
- #To draw together or nearer; to shorten, narrow, or lessen.
- Ex:''The snail's body '''contracted''' into its shell.''
- #contract#English contract
Additional Resources
- New NATCA Contract Boosts Costs By $670M
- A new contract proposed for U.S. controllers would cost the FAA an additional $669 million over its three-year duration, according to congressional sources familiar with the tentative agreement. Most of the extra cost of the contract is loaded on its second and third years. Compared to the terms of the...
- News items 2009-08-20
- Deciding Whether to Become a Contract Employee
- "Contract employee" is another way of describing "work portfolio," a term coined by Irish author and philosopher Charles Handy in his 1989 book The Age of Unreason. Envisioning a new work structure, Handy contended that many professionals were increasingly likely to have not one career with one or two organizations...
- Articles 2007-08-23
- Defense Department Translator Contract Criticized
- The Department of Defense obviously has a great need for translators considering the current main efforts are in Iraq and Afghanistan. In order to procure these it had awarded an omnibus contract to L3 Communications in the early part of this decade. Many of the translators used by...
- Blog posts 2009-08-24
- DTN News: AgustaWestland Awarded Apache Integrated Operational Support Contract - Delivering Cost and Capability Benefits
- DTN News: AgustaWestland Awarded Apache Integrated Operational Support Contract - Delivering Cost and Capability Benefits *Source: DTN News / AgustaWestland NSI News Source Info LONDON, UK - October 7, 2009: AgustaWestland, a Finmeccanica company is pleased to announce the award of the Apache Integrated Operational Support IOS...
- News items 2009-10-06
- Unisys protests TSA contract
- Unisys, General Dynamics file documents with GAO objecting to contract award Unisys Corp. and General Dynamics Corp. are protesting the Transportation Security Administration's decision to award its lucrative infrastructure contract to Computer Sciences Corp. The protest stopped CSC's work on the contract, a CSC spokesman said. The company had been working on a...
- News items 2009-10-21
- Breaking News: Ford workers reject contract changes
- Ford workers have overwhelmingly rejected contract changes that would have allowed the automaker to cut labour costs. Ford workers have overwhelmingly rejected contract changes that would have allowed the automaker to cut labour costs, leaving Ford at a disadvantage to its Detroit rivals as it continues its struggle to return...
- News items 2009-10-31
- CWA, AT&T make headway in contract talks
- AT&T reported significant progress over the weekend with CWA District 4 and District 9 regarding contracts for unionized wireline employees that have been under negotiation for more than four months. CWA District 4, which represents about 18,500 AT&T employees in the Midwest, reported its membership overwhelmingly approved a new three-year...
- News items 2009-08-10
- How to Ditch Your Cell Phone Contract (So You Can Get an iPhone)
- The Consumerist suggests six ways to get out of your current cell-phone contract so you can buy an iPhone. Five of them are pretty ludicrous (e.g., "die" and "join the armed forces"), but there's one that makes sense: Sell the contract. Normally, breaking a contract early results in a hefty...
- Blog posts 2007-06-26
- USA: UNITED PARADYNE AWARDED CONTRACT FOR LABORATORY SERVICES.
- United Paradyne Corp., is being awarded a contract modification option for $6,642,874. This contract is an Aerospace Support Services contract. This contract is a consolidation of three vital logistical aerospace support services (Unconventional Prop United Paradyne Corp., is being awarded a contract modification option for...
- Research articles 2007-08-26
- USA: PHOENIX MANAGEMENT AWARDED CONTRACT FOR HQ AFSPC/A4R.
- Phoenix Management Inc., Austin Tx., is being awarded a $19,164,623 firm fixed price award fee contract with cost reimbursement and labor hour contract line items contract. The purpose of this multi-wing logistics support contract is to provide a var Phoenix Management Inc., Austin Tx., is being...
- Research articles 2006-09-03
- Environment Agency aims to halve carbon emissions with green IT contract
- The Environment Agency has signed an IT contract which aims to halve the department's carbon emissions. The seven-year £336m contract will see IT services company Capgemini take over day-to-day IT services for 13,000 users and network services at the Environment Agency. The deal claims to be the first UK IT...
- News items 2009-11-13
- The Role of Perceived Violation in Determining Employees' Reactions to Psychological Contract Breach
- Using a racially diverse sample of 234 professional employees, the research presented in this paper investigated the impact of psychological contract breach and psychological contract violation on several work outcomes. Specifically, the research examined psychological contract violation as the key intervening mediating variable between psychological contract breach and various employee...
- White papers
- The FCC last week adopted its 'social contract' with Continental Cablevision. (Federal Communications Commission proposes new contract with Time Warner Cable)(Brief Article)
- The FCC last week adopted its "social contract" with Continental Cablevision and proposed a new contract with Time Warner Cable TWC. The proposed contract calls for TWC to spend $4 billion on domestic system upgrades during the next five The FCC last week adopted its...
- Research articles 1995-08-07
- LOCKHEED AWARDED CONTRACT FOR SCOPE OF UNDEFINITIZED CONTRACT ACTION
- Lockheed Martin Space Systems Company of Littleton, Colo., is being awarded a contract modification for $210,429,500.The purpose of this modification is to modify the scope of undefinitized contract action UCA P00055 of contract FA8816-06-C-0002, by addLockheed Martin Space Systems Company of Littleton, Colo., is being awarded a contract modification for...
- Research articles 2008-02-13
- BOEING AWARDED CONTRACT FOR SCOPE OF UNDEFINITIZED CONTRACT ACTION
- Boeing Launch Services of Huntington Beach, Calif., is being awarded a contract modification for $287,997,350.The purpose of this modification is to modify the scope of undefinitized contract action UCA P00011 of contract FA8816-06-C-0001, by adding an Boeing Launch Services of Huntington Beach, Calif., is being awarded a contract modification for...
- Research articles 2008-02-13
- USA: LOCKHEED AWARDED CONTRACT FOR SCOPE OF UNDEFINITIZED CONTRACT ACTION.
- Lockheed Martin Space Systems Company of Littleton, Colo., is being awarded a contract modification for $210,429,500.The purpose of this modification is to modify the scope of undefinitized contract action UCA P00055 of contract FA8816-06-C-0002, b Lockheed Martin Space Systems Company of Littleton, Colo., is being ...
- Research articles 2008-02-13
- USA: BOEING AWARDED CONTRACT FOR SCOPE OF UNDEFINITIZED CONTRACT ACTION.
- Boeing Launch Services of Huntington Beach, Calif., is being awarded a contract modification for $287,997,350.The purpose of this modification is to modify the scope of undefinitized contract action UCA P00011 of contract FA8816-06-C-0001, by addin Boeing Launch Services of Huntington Beach, Calif., is being awarded...
- Research articles 2008-02-13
- GAO Denies Protest of Contract to Run Hanford Site
- The GAO denied a protest of the contract award to a team led by Lockheed Martin to run the administrative functions of the Department of Energy's Hanford facility. The Tricity Herald reports that the Mission Support Contract protest by CSC and Batelle will not be upheld. Unfortunately for...
- Blog posts 2008-12-30
- DTN News: Royal Navy And Royal Air Force To Save Millions Under 10 Year Torpedo Contract
- DTN News: Royal Navy And Royal Air Force To Save Millions Under 10 Year Torpedo Contract*Source: DTN News / BAE SystemsNSI News Source Info LONDON, U.K. - August 11, 2009: The Royal Navy and Royal Air Force will save millions of pounds over the next decade on the maintenance and...
- News items 2009-08-11
- FAA, NATCA Agree On Tentative Contract
- A long-standing contract dispute between the FAA and the National Air Traffic Controllers Association NATCA appears to have finally been resolved, with an arbitrator settling the last remaining disputed items. Neither side is revealing details on the value of the tentative agreement. However, it is believed the increases are not...
- News items 2009-08-14
