Dictionary

Non-disclosure agreement

Non-disclosure agreements are far more common than many people may think. Given their purpose, many people who have signed a non-disclosure agreement do not talk about them. For example, an employee non disclosure agreement is relatively standard across various jobs, industries, and sectors.

What is a non-disclosure agreement?

A non-disclosure agreement often referred to as an NDA, is a contract that requires one party never to reveal confidential information about the other party. That confidential information may be company sensitive data, insider secrets, or anything else to which the party seeking to establish an NDA wants complete confidentiality maintained. For that reason, NDAs can be referred to as a confidentiality agreement too at times.

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