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no-cut contract

American  
[noh-kuht kon-trakt] / ˈnoʊˌkʌt ˈkɒn trækt /

noun

Informal.

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

Etymology

Origin of no-cut contract

First recorded in 1975–80

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.