NOUN | communication | reserve clause | a clause that used to be part of the contract with a professional athlete extending the contract for a year beyond its expiration |
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Meaning | A clause that used to be part of the contract with a professional athlete extending the contract for a year beyond its expiration. | |
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Example | "the reserve clause was used to bind players to a particular ball club" | |
Part of | contract | A binding agreement between two or more persons that is enforceable by law |
Broader | article, clause | A separate section of a legal document (as a statute or contract or will) |
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