Trade secret

A trade secret is a 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 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.

Definition

The precise language by which a trade secret is defined varies by jurisdiction (as do the particular types of information that are subject to trade secret protection). However, there are three factors that, although subject to differing interpretations, are common to all such definitions: a trade secret is information that:

  • Is not generally known to the public;
  • Confers some sort of economic benefit on its holder (where this benefit must derive specifically from its not being publicly known, not just from the value of the information itself);
  • Trade Secret (company)

    Trade Secret is a chain of clothing, accessories and home furnishing stores operated by TJX Companies and has 35 stores across Australia as of July 2015.

    TJX acquired Trade Secret for AUD$80 million from Gazal Corporation in 2015.

    Home Secret

    Parent company TJX also operates Home Secret, a 'sister' store of Trade Secret, which carries home furnishings. As of January 2016, there is one location in Kawana, Queensland.

    See also

  • T.J.Maxx
  • TK Maxx
  • Marshalls
  • Sierra Trading Post
  • TJX Companies
  • References

    External links

  • Trade Secret Official Website

  • Podcasts:

    PLAYLIST TIME:

    Trade Secret

    by: Cathy Davey

    If you go, will you promise not to tell them all
    And if you go, you have to swear you won't reveal it
    If you go, will you promise not to tell them all
    If you go, you've such a lovely voice, I love it
    Will you promise not to tell them all
    That's the price you pay
    That's the price you pay
    No longer want to stay, you want to get away
    That's the price you pay
    If you stay, you can keep the things you learned today
    You've to promise not to give me away
    And if you stay, you can keep the things I give you
    Just to promise not to breath a word
    But if you go, you're such a lovely face both of them
    You've to promise not to tell them all
    And if you go, I'll never give my trade secrets away
    Swear you won't reveal it all
    That's the price you pay
    That's the price you pay
    No longer want to stay, you want to get away
    That's the price you pay
    If you go, will you promise not to tell them all
    And if you go, you have to swear you won't reveal a
    word
    But if you go, you've such a lovely bum, I Iove it
    Will you promise not to tell them all
    And if you stay, I'll never give my trade secrets away
    Swear you won't reveal it all
    That's the price you pay
    That's the price you pay
    No longer want to stay, you want to get away




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