restrictive covenant

名词 n.
中文释义

英文释义

名词 n.
  1. An agreement between parties limiting or restricting the use of land owned by one of the parties.
  2. A noncompete agreement
    — 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.

词形变化

restrictive covenants plural
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