(1) The costs the Contractor expects to incur under this contract in the next 60 days, when added to all costs previously incurred, will exceed 75 percent of the estimated cost specified in the Schedule; or.
1. tightening, narrowing, tensing, shortening, drawing in, constricting, shrinkage Cramp is caused by contraction of the muscles. 2. abbreviation, reduction, shortening, compression, diminution, constriction, elision `It's' is a contraction of `it is'. Translations.
Medical Definition of contraction. 1  1: the action or process of contracting : the state of being contracted contraction of hepatitis lung expansion and contraction in breathingâP.