restraint - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “restraint”

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restraint

noun
 
 
/rɪˈstreɪnt/
[C, usually plural] a rule or an agreement that limits the freedom of a person, organization, or country, or that prevents something from growing or increasing: restraints on sth The bill urges the government to impose restraints on imports. export/import restraints budget restraints financial/fiscal/spending restraints
[U] the act of preventing something from growing or increasing: The oil industry is exercising restraint.
restraint of trade COMMERCE an illegal agreement that damages someone's ability to do business: Any contract which interferes with the free exercise of his trade or business is a contract in restraint of trade. →  See also price restraint , voluntary export restraint , wage restraint
(Definition of restraint from the Cambridge Business English Dictionary © Cambridge University Press)
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