Meaning of the word "trade secret" in English
What does "trade secret" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
trade secret
US /ˈtreɪd ˌsiː.krət/
UK /ˈtreɪd ˌsiː.krət/
Noun
1.
a secret formula, practice, or process used in a business to give it an advantage over competitors
Example:
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The recipe for their famous sauce is a closely guarded trade secret.
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Companies often use non-disclosure agreements to protect their trade secrets.
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