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contract |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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Contract A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange.
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Figure 2, a graphical representation of the Southern Hemispheric annual plot, depicts a consistent and definitive contractive pattern with little interruption. First, every change in the exchange rate has two effects--expansive for some, contractive for others. Whether we experience health or sickness, love or hatred, strength or weakness, wisdom or ignorance, joy or sorrow, depends entirely on whether we apply these ordinary human tools in an expansive or contractive manner. |
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