The term HIRE CONTRACT can be summarized as a legal agreement between two parties, usually an employer and an employee, in which the employer agrees to pay the employee for services rendered. The crossword solution for this term is LEASE, which is a type of contract that allows a person or business to use property owned by another person or business for a specified period of time. A LEASE is a legally binding document that outlines the terms and conditions of the agreement between the two parties.