"Under contract" is a term commonly used in the real estate industry to indicate that a property is in the process of being bought or sold. However, there are several other synonyms that can be used to convey the same meaning. These include "in escrow," "pending," "in negotiation," "agreement in progress," "subject to closing," and "under agreement." Each of these phrases may be used interchangeably with "under contract," depending on the context and industry in which they are being used. Regardless of the term used, the concept remains the same - a property is in the process of being bought or sold, but the deal has not yet been finalized.