- A legally binding contract which stipulates that one or more parties may not disclose confidential materials, knowledge, or information as outlined by the contract to another third party. Non-disclosure agreements (NDA) are often used by companies to keep proprietary information and trade secrets confidential. Also known as a "confidentiality agreement (CA)," "confidential disclosure agreement (CDA)," "proprietary information agreement (PIA)," or "secrecy agreement."
confidentiality agreement, confidential disclosure agreement, secrecy agreement, proprietary information agreement
Related Terms and Acronyms
- Anticipatory Breach — Definition,
- A notification that one party to a contract plans to renege, releasing the other party from having to fulfill its end of the agreement.
- Bona Fide — Definition,
- In good faith. In real estate, a bona fide purchaser or seller has the legal right to give or receive title.
- Contract — Definition,
- An agreement between two or more parties that can be enforced by law.
- Covenant — Definition,
- A promise made in a contract or property deed.
- Injunction — Definition,
- A court order that prohibits a party from taking a specific course of action.
- Lawsuit — Definition,
- A suit brought before a court in order to remedy an alleged injustice.
- Mutual Non-Disclosure Agreement (MNDA) — Acronym,
- Non-Circumvention Non-Disclosure Agreement (NC/ND, NCNDA) — Acronym,
- Rescission — Definition,
- Cancellation of a contract by agreement of the parties.