- Primary Beneficiary Test
- A seven-factor US Department of Labor test used to determine whether an unpaid internship lawfully benefits the intern more than the employer.
- Academic Credit
- Course credit awarded by a university or college to a student who completes a qualifying internship, often used to justify unpaid arrangements.
- IP Assignment
- A clause transferring ownership of work product, designs, or code created by the intern to the host organization during the placement.
- Confidential Information
- Non-public information belonging to the organization — including trade secrets, client lists, financials, and product plans — that the intern agrees not to disclose.
- Fixed-Term Placement
- An internship with a defined start and end date, after which the relationship automatically concludes unless the parties agree otherwise in writing.
- Stipend
- A fixed regular payment made to an intern that is not calculated as an hourly wage and may not constitute minimum wage in all jurisdictions.
- Non-Disclosure Agreement (NDA)
- A standalone or embedded confidentiality obligation preventing the intern from sharing the organization's proprietary information with third parties.
- Traineeship
- A structured work-based learning placement — common in the UK and EU — that may differ from an internship in regulatory classification and minimum pay requirements.
- Work Product
- Any output created by the intern during the placement — reports, designs, code, written materials, or data — that the agreement assigns to the employer.
- Governing Law
- The jurisdiction whose employment and contract laws determine how the agreement is interpreted and enforced.
- At-Will Termination
- A provision allowing either party to end the internship at any time without cause, subject to any notice requirements in the agreement.