reserve clause: Meaning and Definition of

reserve' clause"

Pronunciation: [key]
— Sports. 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.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.