Proprietary Information 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."

Acronyms
PIA