Business Terms and Jargon Explained

What is Restraint of trade

This is a clause in an employment contract that prevents an employee when they end their contract not to set up in competition with their ex-employer. This can be a restraint in the type of business they are in or/and within a certain distance.

Restraint of trade must be reasonable or are not enforceable.

A restraint of trade may be entered into when someone sells his or her business.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z


Search Term   

Digital Signature Heads Up Withholding Tax
Route to the Market Keelage Earned income
Personal data Contingent liabilities Zero rated
Interium Pataca QUANGO
Decree Absolute Pay Back Period Legal tender
Identity Verification Algorithm Hidden Economy
Amortisation Lempira File Permissions
Gross Pay Administratrix 51% attack
Devils Advocate Conditional discharge Leave to appeal
BotNet Over Trading Interest
Volens To remand Witness summons
Employment rules and regulations Plaintiff Blue Chip
Cryptography District judges Nominated court

Term created / updated 2014-10-27 19:07:55

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.