Business terms and jargon explained. Your business dictionary

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 to learn more:-

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   

Freedom of Information Bespoke Automatic trade Freelance
Tax Form - CT600 JASDAQ High Risk CAP Goods Export
Shareholders Public relations Consensus Malum in se
Subscription Right Income Protection Policy Import VAT Certificate Reporting Period
Common Position - EU Abandon Warranties Out of Pocket
Copycat packaging Broker Ogden tables Ex works
Crypto-jacking Interchange fee Mortgage Offer IANAL
Tax Avoidance Withholding Tax Open court Jitney
Yankee market Mitigation Mesne Profits EMEAI
Buy To Let Appreciation Backup Encryption -

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 to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.