no-cut contract

[ noh-kuht kon-trakt ]

nounInformal.
  1. a professional athlete's contract guaranteeing that they will remain on the team's roster for a specified time.

Origin of no-cut contract

1
First recorded in 1975–80

Words Nearby no-cut contract

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023