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 periodicals archive ?
Name procurement retrieval of proprietary information from infoTorg vehicle
Part I reviews the two types of legal protections that restrict employee knowledge: the widely accepted concept of trade secrets, and the emerging category of proprietary information.
In a signed Consent Order filed with the Superior Court on January 10, 2005, Landers admitted removing NPT's confidential and proprietary information, including: annual and projected budgetary information; production costs; employee salary and anticipated business information; a "booking report;" and advertising information, including revenue data and NPT's list of potential and existing advertisers and contact information.
In this Internet age, your proprietary information can be electronically distributed to thousands of recipients by a single perpetrator, which makes complete retrieval of the information nearly impossible.
The 10th Trends in Proprietary Information Loss survey was sent to CEOs of Fortune 1,000 companies and of 600 small and mid-size companies that belong to the Chamber of Commerce.
State and local law enforcement agencies can play important roles in administering the Act and protecting the proprietary information of business interests in their jurisdictions.
Do not give out any proprietary information over the telephone or through unprotected electronic mail.
Make sure that your in-house or outside legal counsel determines if your proprietary information meets the tests for trade secrets.
In the insurance industry, however, intellectual property can mean anything from company trademarks and proprietary information to downloaded music videos.
Protecting proprietary information in today's corporate climate requires an understanding of the risks.

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