industrial espionage

English - English

Definition of industrial espionage in English English dictionary

The use of clandestine methods to acquire secret information for commercial advantage

spying that occurs among competing businesses and industries

stealing secret information from one company in order to help another company. Acquisition of trade secrets from business competitors. Industrial spying is a reaction to the efforts of many businesses to keep secret their designs, formulas, manufacturing processes, research, and future plans. Trade secrets may find their way into the open market through disloyal employees or through various other means. Penalties against those found guilty range from an injunction against further use of the knowledge to substantial damages. See also patent

Hyphenation

in·dus·tri·al es·pi·o·nage

Turkish pronunciation

îndʌstriıl espiınäc

Pronunciation

/ənˈdəstrēəl ˈespēənäʤ/ /ɪnˈdʌstriːəl ˈɛspiːənɑːʤ/