English: contract – An agreement entered into by two or more legally competent parties by the terms of which one or more of the parties, for a consideration, undertakes to do or to refrain from doing some legal act or acts.
Telugu: ఒక ఒప్పందం రెండు లేదా అంతకంటే ఎక్కువ పార్టీల మధ్య చట్టపరంగా అమలు చేయదగిన ఒప్పందం.