A Latin legal term referring to a contract or agreement between parties, used in formal legal documents.
From Latin 'contractus', past participle of 'contrahere' meaning 'to draw together' or 'to enter into an agreement'. The word combines 'con-' (together) and 'trahere' (to draw or pull).
This Latin term shows up in old legal documents and still appears in formal contracts today—lawyers sometimes use it to sound authoritative, but it's basically just the fancy ancestor of our modern word 'contract'.
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