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Asset

1. Something valuable that an entity owns, benefits from, or has use of, in generating income. 2. Accounting: Something that an entity has acquired or purchased, and that has money […]

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Archival Copy

A copy of a document, data, software or other object that is maintained in a long-term storage media.

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Arbitration

A binding form of alternative dispute resolution, which can be used to settle contract disputes without seeking an adjudication by a court. The parties agree in advance by contract to […]

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Bayh-Dole Act

The Bayh-Dole Act is a federal law enacted in 1980.  This legislation, cosponsored by Senators Birch Bayh and Robert Dole, enables universities, nonprofit research institutions, and small businesses to own, […]

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Commerce Control List (CCL)

A key in determining whether an export license is needed from the U.S. Department of Commerce is knowing whether the item you intend to export has a specific Export Control […]

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Common Rule

The Common Rule is a 1981 rule of ethics in the United States regarding biomedical and behavioral research involving human subjects. It governed Institutional Review Boards for oversight of human […]

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Competitive Bidding

Transparent procurement method in which bids from competing contractors, suppliers, or vendors are invited by openly advertising the scope, specifications, and terms and conditions of the proposed contract as well […]

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Confidentiality

A set of rules or a promise that limits access or places restrictions on certain types of information

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Contracts: Confidential Information

Information shared with only a few people, for a designated purpose. The person who is receiving the information from you, the receiver, generally cannot take advantage and use your information […]

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Competitive Advantage

An advantage that a firm has over its competitors, allowing it to generate greater sales or margins and/or retain more customers than its competition What makes you better than the […]

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