Collateral information

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collateral (adjective, col-lat-er-al, \ kəˈlætərəl \) information (noun, in-for-ma-tion, \ ˌɪnfərˈmeɪʃn \)

Definition: is a type of additional, relevant information that may be vital for the accurate use of the primary information obtained by an organization. Such data may be viewed as a supplement to the main information, but it can also play a key role in the decision-making processes of a company. Collateral information may consist of facts related to the market situation, potential clients, direct and indirect competition, product characteristics and performance, or even a relevant statistical figure.

In a Sentence:

  1. Interestingly enough, the statistical data containing collateral information about our sales in California can help us improve our marketing approach.
  2. I highly recommend you record all the collateral information you receive regarding Rail Gate. You have to know how they operate if you want to make sure they’ll sign a deal with you.
  3. During meetings, Mr. Peters has always written down any collateral information into his notebook, which he later used when talking to his employees.

Synonyms and related words: confidential information, primary information, chief information officer, proprietary information