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non-compete

 

Definitions from the Web

Non-compete

Part of Speech: Noun, Adjective

Definition: A legally binding agreement between an employer and an employee or a business owner and a partner, in which the employee or partner agrees not to work for or start a similar business that may compete with the employer or partner within a specified time frame and geographical area.

Sense 1 (Noun): The agreement itself.

Example Sentence: John signed a non-compete with his employer, preventing him from starting a competing business for five years.

Sense 2 (Adjective): Describing something that does not compete against others.

Example Sentence: The company launched a non-compete product that had a unique selling point.

Related Products: Non-compete Agreements, Legal Contracts, Business Competition Strategies

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