non-compete
C1CEFR level
58/100Rarity: uncommon
TechnicalRegister
Law noun
A covenant restraining a party from competing for a period after the contract ends.
The twelve-month non-compete was enforceable because it went no further than protecting the goodwill sold.
Business noun
An agreement barring a party from competing within a defined market and period.
The founders signed a three-year non-compete as a condition of the acquisition.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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