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contract
(redirected from contractible)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
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.
contract
1. In futures trading, an agreement between two parties to make and take delivery of a specified commodity on a given date at a predetermined location.
2. In options trading, an agreement by the writer either to buy (if a put) or to sell (if a call) a given asset at a predetermined price until a certain date. The holder of the option is under no obligation to act.
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These same companies have also learned to design inherently expandable or contractible systems that minimize specificity to any one activity and that are easily upgraded.
Horizontal Expansion of the Role of the Rehabilitation Counselor by Strauser, David R. / The Journal of Rehabilitation
As of January 31, 2001, shippers have recontracted all available annual contractible firm service on the Southern mainline from Compressor Station 2 to Sumas and on the Fort Nelson mainline for a two-year term, effective November 1, 2001.
Westcoast Energy Announces Highest Profit on Record by Business Wire
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