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Noncompete vs Noncompetition - What's the difference?

noncompete | noncompetition | Synonyms |

Noncompete is a synonym of noncompetition.


As adjectives the difference between noncompete and noncompetition

is that noncompete is (legal) of or pertaining to a commitment not to engage in competition with another party while noncompetition is of or pertaining to an agreement not to compete with another party.

As a noun noncompete

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

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

    noncompetition

    English

    Adjective

    (-)
  • Of or pertaining to an agreement not to compete with another party
  • *{{quote-news, year=2007, date=June 20, author=Richard Siklos, title=Black’s Lawyers Hammer Former Partner’s Testimony, work=New York Times citation
    • , passage=Mr. Greenspan said there was no evidence that his client ever instructed Mr. Radler or anyone else to conceal information from the audit committee about the so-called noncompetition payments made to Mr. Black, Mr. Radler, the other defendants and a Canadian holding company as a result of the asset sales. }}
  • A failure to compete

    • Synonyms

    *noncompete