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1.
Mafia word when a made guy offers a reward to another to kill a specific person.
For cooperating with the police, I'm going to put out a contract on his head.
by GF Ed February 07, 2005
 
2.
An endless and eternal pit devoid of all pleasure and goodness; the nerve center of all imaginable horrors; a putrid, oozing curse upon the world; that which makes us envy the dead; a gigantic, hulking nightmare factory; the ghost of lost freedom that forever haunts your soul; the mindkiller; a smoothie of broken glass, maggots, and metal filings; a mountain of reeking shit.
"I'm sorry, I can't go out tonight. I have to study for Contracts."
by Are Jonnson November 30, 2006
 
3.
1. an arrangement to have someone murdered by a

professional criminal

2. any illegal or unethical arrangement
Those bastards have set up a contract and are targeting the Former Governor.
by The Return of Light Joker August 25, 2009
 
4.
(adj.) Term used to describe a sexual partner who sleeps with you without receiving something first i.e. Dinner, movie, gifts. You still end up paying for it eventually. Origin - UK mobile telephone payment system.
Atonym - Pay as you go
My girlfriend has put out four times this week, I just know that I'm going to have to pay the contract soon.
by JediAndi September 03, 2005
 
5.
An obligation to answer a specified number of questions, as on the TV game show Bullseye with Jim Lange; if a player finishes it, he has the option to bank the accumulated money.
"...that is your contract, and the numbers range from 1 to as many questions as you wish."

Jim Lange, explaining the rules of Bullseye
by Ben Masters December 31, 2003