TRADE SECRET • FREE TRANSLATOR.ORG • Definition of Trade secret

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/treɪd sˈikrət/ Listen

Trade secret

noun

A secret (method or device or formula) that gives a manufacturer an advantage over the competition.

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Etymology of 'Trade secret'

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"Trade secret" Quotes from Famous Books

... Bassett was left alone I did a little sleight-of-mind turn in my head with a trade secret at the end of it. Thinks I, I'll show this Mr. Burglar Man the difference between business and labor. He had hurt some of my professional self-adulation by casting his Persians upon commerce ...

— The Gentle Grafter • O. Henry

... advantage of any particular person to give this teaching. In the first place, if the man be a fellow-worker, he will want to do his own work without interruption, he will not want to take the time off; moreover, he regards his particular skill as more or less of a trade secret, and desires to educate no more people than necessary, to be as clever as he is. In the third place, there is no possible reward for giving this instruction. Of course, the worker necessarily improves under any sort of teaching, and if he has a receptive mind, or an inventive mind, ...

— The Psychology of Management - The Function of the Mind in Determining, Teaching and - Installing Methods of Least Waste • L. M. Gilbreth