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reserve clause

noun, Sports.
1.
the clause in the contract of a professional player in some sports that binds the player to a team for a season beyond the expiration of the contract in the event a new contract has not been made meanwhile or the player has not been sent to another team.
Origin
1940-1945
1940-45
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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