Professional Sport definition
Professional Sport means the practice of sport in the nature of gainful employment or remunerated service, irrespective of whether or not a formal labour contract has been established between the professional sportsperson and the relevant sport organisation, where the compensation exceeds the cost of participation and constitutes a significant part of the income for the sportsperson. Travel and accommodation expenses to participate to the sport event shall not be considered as compensation for the purposes of this Regulation.
Professional Sport means a sporting activity in which an Insured Person engages and from which such Insured Person derives the majority of their monthly income;
Professional Sport means participating in any sporting activity including training for that activity where the insured person earns more than 50% (including any sponsorship they receive) of their annual gross income from that activity.
Examples of Professional Sport in a sentence
Professional Sport or sport undertaken on a national or provincial competitive basis.
Women Orginal Professional Sport Table Tennis ShoesDHS GT9 table tennis.
More Definitions of Professional Sport
Professional Sport means a sport that would remunerate the sportsman in excess of 50% of his or her total annual income.
Professional Sport means a sporting activity in which the Assured Person(s) engages and from which such Assured Person(s) derives the majority of their annual income.
Professional Sport means training for, coaching or competing in any sporting event where you are entitled to receive, or are eligible to receive, an appearance fee, wage, salary or prize money in excess of $1,000.
Professional Sport means a sport conducted at the highest
Professional Sport means a sporting activity from which You earn the majority of Your income .
Professional Sport means an activity involving physical exertion or skill in which an individual or team competes against another as an economic activity with the objective of earning fees or making profit;
Professional Sport means any sport where payment (including prize money, a grant, sponsorship or a scholarship) or other benefit, financial or otherwise, is directly or indirectly received for utilising an Insured Person’s skills with a view to receiving a payment or other benefit. This includes a payment or other benefit received for playing or participating (including coaching, instructing, officiating or appearing) in a sport on a full- time, part-time or casual basis, regardless of whether the payment or other financial benefit qualifies as assessable income for taxation purposes in the Insured Person’s Country of Residence or the country where it is made.