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单词 restrictive covenant
释义

restrictive covenant

restrictive covenant1. A clause in a contract that restricts the freedom of one of the parties in some way. Employment contracts, for example, sometimes include a clause in which an employee agrees not to compete with the employer for a specified period after leaving the employment. Such clauses may not be enforceable in law. Seerestraint of trade; restrictive trade practices. restrictive endorsement An endorsement on a bill of exchange that restricts the freedom of the endorsee to negotiate it.

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更新时间:2024/11/15 3:11:26