contraction

contraction
contract con‧tract 3 [kənˈtrækt] verb [intransitive]
1. ECONOMICS if an economy, industry, or business activity contracts, it gets smaller or less successful:

• European scheduled air traffic grew 1.1%, but domestic traffic contracted by 1.6%.

— contraction noun [uncountable] :

• The US remained the largest buyer of Japanese vehicles in May, despite a 17% contraction in shipments.

2. COMMERCE LAW contract to do something to formally agree to do something, for example by signing a contract:

• Last month, the shipbuilding industry contracted to export 16 vessels.

contract in phrasal verb [intransitive]
to agree officially to take part in an arrangement:

• The company pension scheme was started last June, and since then 1500 employees have contracted in.

contract out phrasal verb
1. [intransitive] to agree officially not to take part in an arrangement:

• If your company uses the state pension scheme and you want to contract out, then you can also have a personal pension.

2. [transitive] contract something out HUMAN RESOURCES to arrange to have a job done by a person outside your organization

* * *

contraction UK US /kənˈtrækʃən/ noun [C or U] ECONOMICS
a situation in which less money is being earned, spent, or invested in a market or economy: »

Michigan's economy experienced a contraction last year.

(a) contraction in sth »

A sharp contraction in the labour market is predicted.


Financial and business terms. 2012.

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  • contraction — [ kɔ̃traksjɔ̃ ] n. f. • XVe; contraicion 1256; lat. contractio, de contrahere → 2. contracter 1 ♦ Vx Diminution du volume d un corps, sans modification de sa masse. Contraction par le froid, la pression. ♢ Mod. Physiol. Diminution de volume ou de …   Encyclopédie Universelle

  • Contraction — may refer to: In physiology: Muscle contraction, one that occurs when a muscle fiber lengthens or shortens Uterine contraction, contraction of the uterus, such as during childbirth Contraction, a stage in wound healing In linguistics: Synalepha,… …   Wikipedia

  • contraction — CONTRACTION. s. f. Terme de Physique, qui se dit Du raccourcissement qui arrive aux nerfs ou aux muscles lorsqu ils viennent à se etirer. La systole du coeur consiste dans sa contraction. Contraction volontaire, contraction involontaire des… …   Dictionnaire de l'Académie Française 1798

  • Contraction — Con*trac tion, n. [L. contractio: cf. F. contraction.] 1. The act or process of contracting, shortening, or shrinking; the state of being contracted; as, contraction of the heart, of the pupil of the eye, or of a tendon; the contraction produced… …   The Collaborative International Dictionary of English

  • contraction — CONTRACTION. s. f. Racourcissement des nerfs, des muscles, qui sont retirez. Une grande contraction de nerfs. cette fluxion, cette blessure luy causa la contraction d un tel muscle. Il est aussi usité en Grammaire, où il signifie la reduction de… …   Dictionnaire de l'Académie française

  • contraction — late 14c., action of making a contract (especially of marriage), also action of shrinking or shortening, from O.Fr. contraction (13c.), or directly from L. contractionem (nom. contractio), noun of action from pp. stem of contrahere (see CONTRACT… …   Etymology dictionary

  • contraction — [kən trak′shən] n. [ME contraccioun < OFr contraction < L contractio] 1. a contracting or being contracted 2. the shortening and thickening of a muscle fiber or a muscle in action, esp. of the uterus during labor 3. Gram. a) the shortening… …   English World dictionary

  • Contraction — Contraction. См. Усадка. (Источник: «Металлы и сплавы. Справочник.» Под редакцией Ю.П. Солнцева; НПО Профессионал , НПО Мир и семья ; Санкт Петербург, 2003 г.) …   Словарь металлургических терминов

  • Contraction — (v. lat.), 1) das Zusammenziehen nachgiebiger Theile, vermöge der ihnen eigenthümlichen Contractibilität; Gegensatz: Expansion; 2) (Gramm.), Zusammenziehung zweier od. mehrerer, besonders auszusprechender Vocale desselben Wortes in Einen Laut,… …   Pierer's Universal-Lexikon

  • contraction — index abridgment (condensation), abstract, blockade (limitation), compendium, curtailment, decline …   Law dictionary

  • contraction — [n] drawing in; shortening abbreviating, abbreviation, abridging, abridgment, compression, condensation, condensing, confinement, confining, constriction, curtailing, curtailment, cutting down, decrease, decreasing, deflating, deflation,… …   New thesaurus

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