confidential information

A trade secret is an invented formula, practice, process, design, instrument, pattern, commercial method, or compilation of information which is not generally known or reasonably ascertainable by others, and by which a business can obtain an economic advantage over competitors or customers. In some international jurisdictions, such secrets are referred to as “confidential information”, but are generally not referred to as “classified information” in the United States, since that refers to government secrets protected by a different set of laws and practices.

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