Noncompete

usgb/nɑn.kəmˈpiːt/
noun

A legal agreement that restricts a person from entering into a business competition with another party.

The company required all its employees to sign a noncompete before starting work.
Visual representation of "noncompete" - A legal agreement that restricts a person from entering into a business competition with another party.

Usage tips

Formal

noncompete clause, strict noncompete, enforceable noncompete

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Visual representation of "noncompete"
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Context

In legal discussions, clarify the scope of the noncompete and its enforceability.

Illustration for Context
Many industries require noncompetes to protect trade secrets.
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Cultural Reference

In some regions, noncompetes are viewed as necessary for business protection, while in others, they may be seen as restrictive or anti-competitive.

Illustration for Cultural Reference
Noncompetes can be controversial in the tech industry.
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Business Practice

Understanding the terms of a noncompete can help individuals make informed career choices.

Illustration for Business Practice
Some noncompetes can extend beyond employment to include freelance work.
Visual representation of the word "Noncompete"

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