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Webster's New World Finance and Investment Dictionary » privacy policy
privacy policy
privacy policy definition - finance
A
written policy that spells out the details of a companyÂ’s policy about selling
or sharing customersÂ’ names, addresses, phone numbers, and e‑mail
addresses with third parties. A privacy policy also may outline whether the
company will sell or share financial information. If a consumer objects to
having personal information shared, the law puts the onus on the consumer to
object in writing. Privacy policies are often on Web pages, with visitors
having to click a button to acknowledge that they have read and agreed to the
terms.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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