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   

Competitor Just in Time (JIT) Default Surcharge
Doable Admission of evidence Balboa
N20 Civil Court form C.O.D Costing Systems
Backdoor Identity Theft Intellectual property
In delicto Bill of indictment Taxation of costs
Drawback Tailwinds Credit Concentration
Intangible Assets Industrial Tax Exemption BOGOFF
Pre-emption Patch Instalment
Money Transfer Office Of Export EPC
Big Four Ground rent Per stirpes
EDIFACT Market Prices Joint liability
Depreciation Mitigation E.C.B
Kickback Redundancy Lessor

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 © 2004-2020 Scopulus Limited. All rights reserved.