Yes, contract is a Scrabble word!

Verb

1. Enter into a contractual arrangement

2. Engage by written agreement

3. Squeeze or press together

4. Be stricken by an illness, fall victim to an illness

5. Become smaller or draw together

6. Make smaller

7. Compress or concentrate

8. Make or become more narrow or restricted

9. Reduce in scope while retaining essential elements

Noun

1. A binding agreement between two or more persons that is enforceable by law

2. (contract bridge) the highest bid becomes the contract setting the number of tricks that the bidder must make

3. A variety of bridge in which the bidder receives points toward game only for the number of tricks he bid