proprietary information

  

Definition

Information that is not public knowledge (such as certain financial data, test results or trade secrets) and that is viewed as the property of the holder.

The recipient of proprietary information, such as a contractor in the procurement process, is generally duty bound tom refrain from making unauthorized use of the information.


Use this term in a sentence

  • You need to be able to figure out the best way to proceed on your project based on all the proprietary information that you have.

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  • There was a lot more proprietary information than we thought and we really wanted to know why the people could not know this information.

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  • When it comes to government contracting, most of the information passed along to the contractor is considered proprietary information, as the information is considered the property of the government.

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