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Definition of Trade Secret


   

Definition:

Any piece of information used by a business that isn't known to the general public, including formulas, business plans, designs and procedures.

Related Terms:

Intellectual Property
Patent
Trademark

Related Information:

U.S. Department of Labor Definition of a Trade Secret
Intellectual Property
Legal Resources for Small Businesses

Related Books:

Nondisclosure Agreements: Protect Your Trade Secrets and More
Protecting Your Company's Intellectual Property: A Practical Guide to Trademarks, Copyrights, Patents & Trade Secrets
More Books about Business Law

 

 

 

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