Non-Disclosure Agreement
Definition
- 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."
Synonyms
secrecy agreement, confidential disclosure agreement, proprietary information agreement, confidentiality agreement
Acronyms
NDA
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 (NCNDA, NC/ND) — Acronym,
- Rescission — Definition,
- Cancellation of a contract by agreement of the parties.
