
Nondisclosure Agreement (NDA)
A Nondisclosure Agreement (NDA) is a legal contract between two parties that ensures confidential information shared during their relationship remains private. It outlines what information must be kept secret, how it can be used, and the duration of confidentiality. NDAs are commonly used in business deals, partnerships, or employment to protect sensitive data, intellectual property, or trade secrets. By signing an NDA, both parties agree to maintain confidentiality and avoid sharing protected information with others, helping to safeguard competitive advantages and prevent unauthorized disclosures.