Korean · Work & Business
계약
gyeyak
Contract
Intermediatenoun
Definition
A formal written agreement between parties.
Example
어제 계약서에 서명했어요.
We signed the contract yesterday.
Etymology
'계약' (gyeyak) is composed of the Sino-Korean characters 契約 (xīyāo), meaning 'contract,' reflecting legal and formal agreements in business practices.
How & Where It’s Used
'계약' is used in formal contexts, especially in legal and business documents. It is prominent in both written contracts and negotiations.