Contract is an agreement made up of big words and little type.

A Contract is a deceptive document — The large print giveth and the small print taketh away.

A Contract is worthless if not written — a verbal contract is not worth the paper it's printed on.

A Contract is a document written by lawyers for lawyers in order to make people immediately realise that they cannot do without lawyers.

A Forecast is to predict that an event will happen, if it does, by basing calculations on events that have already happened, if they did. (One may forecast and be right, wrong, or neither. It depends.)

A Forecast is to observe that which has passed, and guess it will happen again

A Forecast is to anticipate the future by guessing at the past.

A Forecast is just a guess by someone who holds an academic degree.