How do you say 'agreement' or 'contract' in Spanish?

The term for 'agreement' or 'contract' in Spanish is 'contrato.' This word specifically refers to a formal arrangement between parties that outlines the terms and conditions of a particular deal or obligation. In legal and business contexts, a contrato serves as a binding agreement that holds parties accountable to the stipulations they have consented to, making it essential for transactions and partnerships.

In contrast, 'seguro' translates to 'insurance,' which does not convey the concept of an agreement or contract in the same way. 'Grupo' means 'group,' and while it may encompass a set of people or entities, it does not imply a contractual relationship. Lastly, 'tour guiado' refers to a 'guided tour,' which is unrelated to the notion of contracts or agreements. This distinction emphasizes why 'contrato' is the correct term for expressing the idea of an agreement or contract in Spanish.