A Non-Disclosure Agreement (NDA), also known as a confidentiality agreement, is a legal contract between two or more parties that outlines confidential material, knowledge or information that the parties wish to share with one another for certain purposes, but wish to restrict access to or by third parties.
The purpose of an NDA is to protect the confidential information from being disclosed or used by unauthorized individuals or entities, and to prevent potential disputes or legal actions. Non-Disclosure Agreements can be used in a variety of situations, such as in business transactions, employment agreements, or in the protection of intellectual property. The terms of an NDA are typically negotiated between the parties and are designed to meet their specific needs and requirements.
