covenant not to compete

noun

covenant not to com·​pete
: a covenant in an agreement (as for the sale of a business) by which one party agrees not to engage in the same business or a similar business in a particular area for a period of time

Dictionary Entries Near covenant not to compete

Cite this Entry

“Covenant not to compete.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/covenant%20not%20to%20compete. Accessed 28 Feb. 2024.

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