restraint of trade

noun

An agreement that prevents fair competition on the open market, such as an agreement by one party to hire a second party to work within a profession on the condition that the second party will not compete against the first.

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Meanings

nounrestraint of trade (countable and uncountable, plural restraints of trade)

plural restraints of trade

  1. countableuncountablelawAn agreement that prevents fair competition on the open market, such as an agreement by one party to hire a second party to work within a profession on the condition that the second party will not compete against the first.
Cite this entry
APA

restraint of trade. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/restraint%20of%20trade

MLA

“restraint of trade.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/restraint%20of%20trade. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “restraint of trade,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/restraint%20of%20trade.

Source: restraint of trade on Wiktionary, CC BY-SA 4.0.