Quick Definition

A Non-Disclosure Agreement (NDA) is a legally binding contract that establishes a confidential relationship between parties, ensuring that sensitive information is not shared with others.

Examples

• 1A startup sharing its business plans with potential investors under an NDA to prevent the leakage of proprietary information.
• 2An employee signing an NDA to keep the company's trade secrets and operational details confidential.
• 3A real estate developer entering an NDA with contractors to protect the details of a new project from being disclosed to competitors.

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