hire vs contract

hire and contract both are nouns.

Word	Noun	Adjective	Verb	Adverb
hire	Yes	No	Yes	No
contract	Yes	No	Yes	No

As verbs, contract is a hyponym of hire; that is, contract is a word with a more specific, narrower meaning than hire:

Other hyponyms of hire include featherbed, fill, engage, ship, sign, sign on, sign up, rat, farm out, job, subcontract.

As verbs, contract is a hypernym of hire; that is, contract is a word with a broader meaning than hire:

Other hypernyms of hire include undertake.

hire (noun)	contract (noun)
the act of hiring something or someone	a variety of bridge in which the bidder receives points toward game only for the number of tricks he bid
a newly hired employee	a binding agreement between two or more persons that is enforceable by law
	(contract bridge) the highest bid becomes the contract setting the number of tricks that the bidder must make

hire (verb)	contract (verb)
engage for service under a term of contract	be stricken by an illness, fall victim to an illness
engage or hire for work	make or become more narrow or restricted
hold under a lease or rental agreement; of goods and services	become smaller or draw together
	reduce in scope while retaining essential elements
	compress or concentrate
	enter into a contractual arrangement
	make smaller
	squeeze or press together
	engage by written agreement