Chinese Wall for Dummies
noun
What does Chinese Wall really mean?
Hey there! So, the term "Chinese Wall" is actually a pretty interesting one. It's not really about an actual wall in China, but it's a metaphorical term used in business and law. When people talk about a "Chinese Wall," they're talking about a concept that separates different parts of a company to make sure there are no conflicts of interest.
Picture this: imagine there's a big, sturdy wall running right through the middle of a company. On one side, there are a bunch of people making important decisions about investments and financial stuff. On the other side, there are people who are working on confidential information, like upcoming mergers or other top-secret deals. The "Chinese Wall" is like a rule that says these two sides can't communicate with each other about their work, to keep everything fair and square.
So, when we talk about a "Chinese Wall," we're talking about a way of making sure that there's no funny business going on inside a company. It's all about keeping things separate and making sure everyone's doing their jobs properly.
Another way people use the term "Chinese Wall" is in the context of information security. It refers to the measures and procedures put in place to prevent the unauthorized exchange of sensitive information between different departments or individuals within an organization.
So, even though it might sound a bit confusing at first, the idea behind a "Chinese Wall" is actually pretty straightforward. It's all about keeping things fair and making sure that important information stays where it's supposed to be. Cool, right?
Picture this: imagine there's a big, sturdy wall running right through the middle of a company. On one side, there are a bunch of people making important decisions about investments and financial stuff. On the other side, there are people who are working on confidential information, like upcoming mergers or other top-secret deals. The "Chinese Wall" is like a rule that says these two sides can't communicate with each other about their work, to keep everything fair and square.
So, when we talk about a "Chinese Wall," we're talking about a way of making sure that there's no funny business going on inside a company. It's all about keeping things separate and making sure everyone's doing their jobs properly.
Another way people use the term "Chinese Wall" is in the context of information security. It refers to the measures and procedures put in place to prevent the unauthorized exchange of sensitive information between different departments or individuals within an organization.
So, even though it might sound a bit confusing at first, the idea behind a "Chinese Wall" is actually pretty straightforward. It's all about keeping things fair and making sure that important information stays where it's supposed to be. Cool, right?
Revised and Fact checked by Steven Jackson on 2023-11-14 07:01:16
Chinese Wall In a sentece
Learn how to use Chinese Wall inside a sentece
- In a company, a Chinese Wall is a system of preventing information from being shared between different departments to avoid conflicts of interest.
- A Chinese Wall can be seen in the legal profession where lawyers from one department are prevented from discussing cases with lawyers from another department to maintain confidentiality.
- A Chinese Wall is implemented in the finance industry to ensure that information from one division, such as investment banking, does not influence the activities of another division, such as research and analysis.
- In journalism, a Chinese Wall is established to separate the editorial department from the advertising department in order to maintain the integrity and independence of news reporting.
- A Chinese Wall can be found in government agencies to prevent unauthorized access to sensitive information by implementing strict security measures and access controls.
Chinese Wall Synonyms
Words that can be interchanged for the original word in the same context.
Chinese Wall Holonyms
The larger whole to which this word belongs.
Chinese Wall Instances
Words that the original word is an example of.