Nonsolicitation

Quick meaning: Nonsolicitation is an adjective meaning The failure to solicit proxies by a company trying to limit expenses incurred from proxy rules.

Meaning

The failure to solicit proxies by a company trying to limit expenses incurred from proxy rules.

More Meanings

1. Being or pertaining to a particular kind of noncompetition agreement that forbids a former employee from attempting to recruit the employer's colleagues or customers.
2. A particular kind of noncompetition agreement that forbids a former employee from attempting to recruit the employer's colleagues or customers.

Example Sentences

Nonsolicitations are promises to not go after relationships with people. Typically, these prohibit asking employees to leave a company for new opportunities or asking customers to reduce or eliminate purchases with the company.

The parallel study by the New York Curb Exchange indicates an even graver increase in nonsolicitation. A study of nonsolicitation by companies having stock listed on the New York Curb Exchange in the year 1935, prior to the adoption

Word Forms

• nonsolicitations

Synonyms for nonsolicitation

Depending on context, synonyms include nonsolicit.

Related Words

Related dictionary entries include nonsolicit, noncompetition, noncompete, nonsoliciting, antisolicitation, nonrecruiting.

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