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An agreement between parties limiting or restricting the use of land owned by one of the parties.
Definition source: English Wiktionary via Wiktextract
Topics: law
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
A noncompete agreement
Definition source: English Wiktionary via Wiktextract
Topics: law
Examples
- 2019, Paul Greco, "How To Make Sure Restrictive Covenants Survive A Restructuring", Life Science Leader, VertMarkets. Careful to protect the goodwill it is developing with these providers, the life sciences company decides to use restrictive covenants — i.e., noncompetes, in the popular vernacular — to ensure the sales reps cannot compete for a period of time after changing jobs and potentially transfer the value of burgeoning customer relationships to some new employer.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
No etymology was provided for this word.
Across languages
Translations
1 source translations are retained for this English entry.
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Spanish:
pacto restrictivo
— agreement