contract out (of something)

contract out (of something)
conˌtract ˈout (of sth) derived
(BrE) to formally agree that you will not take part in sth

Many employees contracted out of the pension plan.

Main entry:contractderived

Useful english dictionary. 2012.

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Look at other dictionaries:

  • contract out — verb 1. assign a job to someone outside one s own business • Hypernyms: ↑sign, ↑contract, ↑sign on, ↑sign up • Verb Frames: Somebody s Somebody s something …   Useful english dictionary

  • contract out — phrasal verb Word forms contract out : present tense I/you/we/they contract out he/she/it contracts out present participle contracting out past tense contracted out past participle contracted out 1) [intransitive] British to agree by a written… …   English dictionary

  • walk out on something — walk out on (someone/something) to suddenly end your relationship with someone or something. She walked out on her husband and two children after 12 years of marriage. Why would anyone walk out on a seven year contract that includes a share of… …   New idioms dictionary

  • CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …   Encyclopedia of Judaism

  • contract — [kän′trakt΄] for n. & usually for vt.1 & vi.1 [; kən trakt′] for v. generally n. [OFr < L contractus, pp. of contrahere, to draw together, make a bargain < com , together + trahere, to DRAW] 1. an agreement between two or more people to do… …   English World dictionary

  • contract — contractee, n. contractible, adj. contractibility, contractibleness, n. contractibly, adv. n., adj., and usu. for v. 16 18, 22, 23 /kon trakt/; otherwise v. /keuhn trakt /, n. 1. an agreement between two or more parties for the doing or not doing …   Universalium

  • contract — a legally binding agreement between two or more parties. Glossary of Business Terms A legally enforceable agreement between two or more parties for performing, or refraining from performing, some specified act; e.g., delivering 5,000 bushels of… …   Financial and business terms

  • 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. The New York Times Financial Glossary * * * ▪ I.… …   Financial and business terms

  • contract — con|tract1 W1S2 [ˈkɔntrækt US ˈka:n ] n [Date: 1300 1400; : Old French; Origin: Latin contractus; CONTRACT2] 1.) an official agreement between two or more people, stating what each will do ▪ Read the contract carefully before you sign it.… …   Dictionary of contemporary English

  • contract — con|tract1 [ kan,trækt ] noun count *** 1. ) a written legal agreement between two people or businesses that says what each must do for the other or give to the other: After six months she was offered an employment contract. A team led by… …   Usage of the words and phrases in modern English

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