Class Action Waiver

Definition

Contract provision preventing workers from joining together in lawsuits against the company, requiring individual claims.

Related Terms

Arbitration Clause

Contract provision requiring disputes to be resolved through arbitration rather than courts, common in gig platform agreements.

FAQs

Are class action waivers enforceable?

Generally yes after Supreme Court rulings, limiting collective action against platforms.

Similar Terms

NDA (Non-Disclosure Agreement)

Legal agreement preventing sharing of confidential information about a client's business.

Contract

Legal agreement outlining project terms, payment, deliverables, and responsibilities.

LLC (Limited Liability Company)

Business structure providing personal liability protection while maintaining tax flexibility.

Sole Proprietor

Simplest business structure where individual and business are legally the same entity.

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Last updated: January 18, 2026

Reviewed by GigFinance Team, Gig Economy & Finance Experts

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