non-compete

non-compete UK US adjective [before noun]
LAW, HR used to describe an agreement that prevents an employee who leaves a company from working for another company involved in the same activity for a particular period: »

There is a six-month non-compete clause in his contract.

Compare NON-COMPETITION(Cf. ↑non-competition)

Financial and business terms. 2012.

Look at other dictionaries:

  • non-compete — 1. adjective Describing a contractual clause that prevents a person or company from competing with another, especially with a former employer or partner 2. noun Such a clause …   Wiktionary

  • non-compete — …   Useful english dictionary

  • non-compete provision — USA A provision restricting a party from engaging in activities that are competitive with the other party. Non compete provisions are commonly found in employment agreements, acquisition agreements and joint venture agreements. Non compete… …   Law dictionary

  • non-compete law — UK US noun [S] ► LAW, HR a law that prevents an employee who leaves a company from working for another company involved in the same activity for a particular period: »Will the Michigan Non Compete Law change in a down economy? …   Financial and business terms

  • Non-compete clause — Contract law Part …   Wikipedia

  • Non-Compete Agreement — An agreement between two parties, typically an employee and employer, where the employee agrees not to use information learned during employment in subsequent business efforts for a set period of time. Employers usually insist on non compete… …   Investment dictionary

  • non-competition — UK US (also noncompetition) adjective [before noun] ► LAW, HR used to describe an agreement that prevents an employee who leaves a company from working for another company involved in the same activity for a particular period: »a non competition… …   Financial and business terms

  • Compete — can refer to:*Competition the rivalry of two or more parties *Compete.com a web traffic analysis company *Compete America an industry trade group *Non compete clause a term used in contract law under which one party (usually an employee) agrees… …   Wikipedia

  • Compete (disambiguation) — Compete can refer to: Competition the rivalry of two or more parties Compete.com a web traffic analysis company Compete America an industry trade group Non compete clause a term used in contract law under which one party (usually an employee)… …   Wikipedia

  • Non-disclosure agreement — A non disclosure agreement (NDA), also known as a confidentiality agreement (CA), confidential disclosure agreement (CDA), proprietary information agreement (PIA), or secrecy agreement, is a legal contract between at least two parties that… …   Wikipedia

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