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Acronyms Dictionary

NDA

Definition

Non-Disclosure Agreement. A legally binding contract establishing a confidential relationship.

Deep Dive

An NDA (or confidentiality agreement) is a legal contract between at least two 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.

Examples & Use Cases

  • 1A founder requiring a potential partner to sign an NDA before pitching an invention
  • 2An employee signing an NDA to protect the company's proprietary source code
  • 3Using a mutual NDA during M&A discussions to protect both companies' financial data

Related Terms

IPContractCompliance

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