To withdraw or take back. In contracts law, to retract an offer means to withdraw that offer before it is accepted. Related entries Chance Bargain Summits 7, Inc. v. Kelly Davis v. Jacoby Feinberg v. Pfeiffer Co. Whitten v. Greeley-Shaw Charitable Subscription Congregation Kadimah Toras-Moshe v. DeLeo Hurley v. Eddingfield Ray v. William G. Eurice & Bros., Inc. Leonard v. Pepsico, Inc.