Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Contract Contract November 9, 2021 An oral or written agreement to do or not to do a certain thing for consideration.You Might Also Like: All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Family MattersFun Games to Teach Kids About Money Everyday MoneyWhat is the Difference Between a Credit Card and a Debit Card? Family MattersBudget Friendly Easter Basket Ideas