Definition of Crown jewels:
The crown jewels of a corporation can be heavily guarded, only allowing certain people access to trade secrets and proprietary information, as these operations can be seen as highly distinctive from competitors' abilities and are often worth a lot of money.
Crown jewels refer to the most valuable unit(s) of a corporation as defined by characteristics such as profitability, asset value, and future prospects. This could be the line of business that produces the most popular item that a company sells, or perhaps the department which holds all of the intellectual property for a project that is thought to be of great value in the future once it is finished.
The divisions or products within a diversified corporation which are the most valuable in terms of sales, revenues and assets. Similar to the crown jewels of royalty, companies pay close attention to these divisions or products because they often are responsible for a sizeable portion of the companys earnings.
How to use Crown jewels in a sentence?
- The crown jewels may be physical assets or intangibles like patents or intellectual property and trade secrets.
- The crown jewels are a company's most prized and valuable assets.
- The crown jewel defense is a hostile takeover defense that involves the sale of the target firm's crown jewels to make it less desirable to the acquirer.
Meaning of Crown jewels & Crown jewels Definition