trade secret

trade secret definition - business

trade secret

Information regarding an idea, process, data, or anything else an organization considers confidential. Trade secrets are designed to give an organization a head start against competitors in offering goods and services.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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