Business terms and jargon explained. Your business dictionary
What is Trade secret
This is information that gives a business it's competitive advantage. It is confidential information they do not want their competitors to know and /or their customers to know. It can be a secret process, know how, system, procedure, formula, contacts, partners.
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.