contraction of they have.

See contraction. Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
they've (ðeɪv)
contraction of
they have

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Example sentences
Good people are good because they've come to wisdom through failure.
Many pupils have written saying that after a few lessons they've outboxed
  bigger and heavier opponents.
They've got well-rehearsed takes on the global situation.
They've been a tradition across the world for thousands of years as a form of
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