Legal Definition of Confidential information: Information that is received in confidence and therefore should not and can not be revealed, unless the giver of the information approves such revelation | Looking for the legal definition and importance of confidential information? Learn about what confidential information encompasses, examples, and its significance for businesses and individuals alike. Discover why confidentiality is crucial, from protecting competitive advantage to preserving trust and relationships. Understand the legal obligations and the potential risks of unauthorized use. Click here to uncover the value of confidentiality in ethical business practices