Definition of "non-compete" []

• Describing a contractual clause that prevents a person or company from competing with another, especially with a former employer or partner (adjective)
• Such a clause (noun)

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• "The regulator also scrapped a provision for a non-compete fee that an acquirer pays to a target company's founders, saying all shareholders shall be given an exit at the same price."
• "First, think hard about what's most important to you, including salary and anything else from the non-compete clause to the office where you'll sit."
• "He now says that the non-compete agreement had been invalidated."