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Competition vs Noncompete - What's the difference?

competition | noncompete |

As nouns the difference between competition and noncompete

is that competition is competition while noncompete is (legal) a commitment not to engage in competition with another party.

As an adjective noncompete is

(legal) of or pertaining to a commitment not to engage in competition with another party.

competition

English

(wikipedia competition)

Noun

  • (label) The action of competing.
  • *
    • , title=(The Celebrity), chapter=8 , passage=The humor of my proposition appealed more strongly to Miss Trevor than I had looked for, and from that time forward she became her old self again;
  • (label) A contest for a prize or award.
  • The competitors in such a contest.

    • Antonyms

    * (action of competing) cooperation

    Derived terms

    * competitioner * economic competition

    Related terms

    * competitive

    noncompete

    English

    Adjective

    (-)
  • (legal) Of or pertaining to a commitment not to engage in competition with another party
    • You will need to sign a noncompete agreement, of course.
  • *{{quote-news, year=2007, date=January 4, author=Eric Dash, title=An Ousted Chief’s Going-Away Pay Is Seen by Many as Typically Excessive, work=New York Times citation
    • , passage=Mr. Nardelli also stands to receive another $18 million in “other entitlements,” which
  • *{{quote-news, year=2007, date=May 2, author=Bloomberg News, title=Hollinger Money Diverted Improperly, Ex-Director Says, work=New York Times citation
    • , passage=They are accused of keeping noncompete payments from buyers that should have gone to Hollinger. }}

    Noun

    (en noun)
  • (legal) A commitment not to engage in competition with another party.

    • Derived terms

    * noncompete clause