trade secret

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trade secret

n.
A secret formula, method, or device that gives one an advantage over competitors.

trade secret

n
(Commerce) a secret formula, technique, process, etc, known and used to advantage by only one manufacturer

trade′ se′cret


n.
a secret method, device, process, or formula, used to competitive advantage in a business.
[1900–05]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.trade secret - a secret (method or device or formula) that gives a manufacturer an advantage over the competition
secret - something that should remain hidden from others (especially information that is not to be passed on); "the combination to the safe was a secret"; "he tried to keep his drinking a secret"
Translations
Kunstgeheimnis

trade secret

nsegreto commerciale
References in classic literature ?
I believe I undertook amongst other things not to disclose any trade secrets.
He merely kept his trade secret, because he had to keep his tricks secret, like any other conjurer.
Thoughtful cybersecurity practices can protect a business's trade secrets from theft by departing employees and competitors.
The Defend Trade Secrets Act of 2016 (DTSA) was signed into law on May 11, 2016, after being unanimously passed in the Senate and ratified in the House by a vote of 410-2.
The Defend Trade Secrets Act (DTSA), which went into effect last year, was a breath of fresh air for many companies that rely on trade secrets as part of their business model.
Summary: The Defend Trade Secrets Act (DTSA), which went into effect last year, was a breath of fresh air for many companies that rely on trade .
Victoria Cundiff litigates trade secrets disputes in state and Federal courts nationally, coordinates international trade secrets litigation, and helps clients develop alternatives to litigating trade secrets disputes.
com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Adam Gershenson, Attorney will speak at the Knowledge Group's webcast entitled: "The Defend Trade Secrets Act (DTSA) of 2016: Impacts and Implications to Trade Secrets Owners Uncovered
On May 11, President Obama signed into law the Defend Trade Secrets Act of 2016 (DTSA), which enables companies to go to federal court to sue for misappropriation of trade secrets.
While theft of trade secrets is already a crime, the Department of Justice lacks the resources to prosecute such cases, and current U.
The legislation would offer businesses greater legal protection when their trade secrets are stolen, which costs business billions of dollars each year, when that intellectual property is leaked and sold to competitors.
It covers the role of trade secrets in global commerce, the TRIPS Agreement (Agreement on Trade-Related Aspects of Intellectual Property Rights) and its relevance to setting basic standards for countries to protect undisclosed information, and US trade secret law and the Uniform Trade Secrets Act, including the scope of trade secret protection, the requirements for establishing trade secret rights, the legal and policy limitations of protection, the main elements of a claim for trade secret misappropriation, major defenses, and available remedies, with respect to business to business relationships, employment relationships, enforcement mechanisms and litigation, and government-held trade secrets and data exclusivity.