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Contract vs Purchase - What's the difference?

contract | purchase | Related terms |

Contract is a related term of purchase.


In obsolete|lang=en terms the difference between contract and purchase

is that contract is (obsolete) not abstract; concrete while purchase is (obsolete) the act or process of seeking and obtaining something (eg property, etc).

As nouns the difference between contract and purchase

is that contract is an agreement between two or more parties, to perform a specific job or work order, often temporary or of fixed duration and usually governed by a written agreement while purchase is (obsolete) the act or process of seeking and obtaining something (eg property, etc).

As verbs the difference between contract and purchase

is that contract is (ambitransitive) to draw together or nearer; to shorten, narrow, or lessen while purchase is to pursue and obtain; to acquire by seeking; to gain, obtain, or acquire.

As an adjective contract

is (obsolete) contracted; affianced; betrothed.

contract

English

(wikipedia contract)

Etymology 1

From (etyl), from (etyl) contract, from (etyl) contractum, past participle of .

Noun

(en noun)
  • An agreement between two or more parties, to perform a specific job or work order, often temporary or of fixed duration and usually governed by a written agreement.
  • * {{quote-magazine, date=2013-08-10, volume=408, issue=8848, magazine=(The Economist), author=Lexington
    • , title= Keeping the mighty honest , passage=British journalists shun complete respectability, feeling a duty to be ready to savage the mighty, or rummage through their bins. Elsewhere in Europe, government contracts and subsidies ensure that press barons will only defy the mighty so far.}}
  • (legal) An agreement which the law will enforce in some way. A legally binding 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.
  • (legal) A part of legal studies dealing with laws and jurisdiction related to contracts.
  • (informal) An order, usually given to a hired assassin, to kill someone.
  • (bridge) The declarer's undertaking to win the number of tricks bid with a stated suit as trump.
    • Hypernyms
    * (agreement that is legally binding) agreement
    Hyponyms
    * (agreement that is legally binding) bailment
    Derived terms
    * contractual * fixed-term contract * contract of employment

    Adjective

    (-)
  • (obsolete) Contracted; affianced; betrothed.
    • (Shakespeare)
  • (obsolete) Not abstract; concrete.
  • * Robert Recorde, , 1557:
    • But now in eche kinde of these, there are certaine nombers named Ab?tracte'': and other called nombers ''Contracte .

    Etymology 2

    From (etyl), from (etyl) contracter, from (etyl) contractum, past participle of . the verb developed after the noun, and originally meant only "draw together"; the sense "make a contract with" developed later.

    Verb

    (en verb)
  • (ambitransitive) To draw together or nearer; to shorten, narrow, or lessen.
    • The snail's body contracted into its shell.
    to contract one's sphere of action
  • * Wordsworth
    • Years contracting to a moment.
  • * Dr. H. More
    • In all things desuetude doth contract and narrow our faculties.
  • (grammar) To shorten by omitting a letter or letters or by reducing two or more vowels or syllables to one.
    • The word "cannot" is often contracted into "can't".
  • To enter into a contract with. (rfex)
  • To enter into, with mutual obligations; to make a bargain or covenant for.
  • * Hakluyt
    • We have contracted an inviolable amity, peace, and league with the aforesaid queen.
  • * Strype
    • Many persons prohibited by law.
  • To make an agreement or contract; to covenant; to agree; to bargain.
    • to contract for carrying the mail
  • To bring on; to incur; to acquire.
    • She contracted the habit of smoking in her teens.
    to contract a debt
  • * Alexander Pope
    • Each from each contract new strength and light.
  • * Jonathan Swift
    • Such behaviour we contract by having much conversed with persons of high stature.
  • To gain or acquire (an illness).
  • * 1999 , Davidson C. Umeh, Protect Your Life: A Health Handbook for Law Enforcement Professionals (page 69)
    • An officer contracted hepatitis B and died after handling the blood-soaked clothing of a homicide victim
  • To draw together so as to wrinkle; to knit.
  • * Shakespeare
    • Thou didst contract and purse thy brow.
  • To betroth; to affiance.
  • * Shakespeare
    • The truth is, she and I, long since contracted , / Are now so sure, that nothing can dissolve us.
    Synonyms
    * (lessen) abate, decrease, lessen, reduce * (shorten) shorten, shrink * catch, get
    Antonyms
    * (lessen) increase, expand * (shorten) grow, lengthen

    purchase

    English

    Noun

  • (obsolete) The act or process of seeking and obtaining something (e.g. property, etc.)
  • * Beaumont and Fletcher
    • I'll get meat to have thee, / Or lose my life in the purchase .
  • An individual item one has purchased.
  • The acquisition of title to, or property in, anything for a price; buying for money or its equivalent.
    • They offer a free hamburger with the purchase of a drink.
  • That which is obtained, got or acquired, in any manner, honestly or dishonestly; property; possession; acquisition.
  • That which is obtained for a price in money or its equivalent.
    • He was pleased with his latest purchase .
  • (uncountable) Any mechanical hold or advantage, applied to the raising or removing of heavy bodies, as by a lever, a tackle or capstan.
    • It is hard to get purchase on a nail without a pry bar or hammer.
  • The apparatus, tackle or device by which such mechanical advantage is gained and in nautical terminology the ratio of such a device, like a pulley, or block and tackle.
  • (rock climbing, uncountable) The amount of hold one has from an individual foothold or ledge.
  • (legal, dated) Acquisition of lands or tenements by means other than descent or inheritance, namely, by one's own act or agreement.
    • (Blackstone)

    Derived terms

    * purchase order * repurchase

    Verb

    (purchas)
  • To pursue and obtain; to acquire by seeking; to gain, obtain, or acquire.
  • * Spenser
    • that loves the thing he cannot purchase
  • * Shakespeare
    • Your accent is something finer than you could purchase in so removed a dwelling.
  • * Shakespeare
    • His faults hereditary / Rather than purchased .
  • To buy, obtain by payment of a price in money or its equivalent.
    • to purchase''' land'', ''to '''purchase a house
  • To obtain by any outlay, as of labor, danger, or sacrifice, etc.
    • to purchase favor with flattery
  • * Shakespeare
    • One poor retiring minute / Would purchase thee a thousand thousand friends.
  • To expiate by a fine or forfeit.
  • * Shakespeare
    • Not tears nor prayers shall purchase out abuses.
  • To apply to (anything) a device for obtaining a mechanical advantage; to get a purchase' upon, or apply a ' purchase to.
    • to purchase a cannon
  • To put forth effort to obtain anything; to strive; to exert oneself.
  • * Ld. Berners
    • Duke John of Brabant purchased greatly that the Earl of Flanders should have his daughter in marriage.
  • To constitute the buying power for a purchase, have a trading value.
    • ''Many aristocratic refugees' portable treasures purchased their safe passage and comfortable exile during the revolution

    Synonyms

    * (buy) procure

    Derived terms

    * purchable * purchasing agent * purchasing power