trade secret

• Vertrauliche Information, Formel, Verfahren oder Praxis, die ein Unternehmen nutzt, um sich einen Vorteil gegenüber Wettbewerbern zu verschaffen und die nicht allgemein bekannt oder leicht zugänglich ist.

A confidential piece of information, formula, process, or practice used by a business to gain an advantage over competitors, which is not generally known or easily accessible.

1. Confidential business informationB2formal

   A formula, practice, process, design, instrument, pattern, or compilation of information which is not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers.

   Geschäftsgeheimnis

   • The recipe for Coca-Cola is one of the most famous trade secrets in the world.
   • The company protects its manufacturing process as a trade secret.
   • He was sued for revealing a trade secret to a competitor.