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A non-disclosure agreement (NDA), also known as a confidentiality agreement (CA), confidential disclosure agreement (CDA), proprietary information agreement (PIA), or secrecy agreement, is a legal contract between two or more people or legal entities that spells out that information divulged during the transaction or exchange of information should not be shared with other parties. This usually includes all confidential material, knowledge, or informationthey may share with each other but do not want the same to be known by others.

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The Purpose Of The NdA Is To Create A Lifetime Contractual Obligation To Protect Classified Information.?

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The purpose of a Non-Disclosure Agreement (NDA) is to protect confidential information shared between parties. NDAs are commonly used in business transactions, partnerships, employment agreements, and when discussing proprietary technology or trade secrets. Examples of when an NDA would be used include when sharing business plans with potential investors, discussing new product ideas with manufacturers, or disclosing sensitive financial information during a merger or acquisition.


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