HyperDic: reserve_clause

English > 1 sense of the expression reserve clause:
NOUNcommunicationreserve clausea clause that used to be part of the contract with a professional athlete extending the contract for a year beyond its expiration
English > reserve clause: 1 sense > noun 1, communication
MeaningA clause that used to be part of the contract with a professional athlete extending the contract for a year beyond its expiration.
Example"the reserve clause was used to bind players to a particular ball club"
Part ofcontractA binding agreement between two or more persons that is enforceable by law
Broaderarticle, clauseA separate section of a legal document (as a statute or contract or will)

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