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Non-Disclosure Agreement (NDA)

A Non-Disclosure Agreement (NDA), also known as a confidentiality agreement (CA), is a legal contract between two or more parties that outlines confidential material, knowledge, or information that the parties wish to share with each other for certain purposes, but wish to restrict access to or by third parties.

NDAs are often used in business contexts to protect sensitive information, such as trade secrets, customer lists, and financial information, from being disclosed to competitors or the public. NDAs typically include provisions regarding the types of information that are covered, the duration of the agreement, the obligations of the parties, and the consequences of a breach of the agreement.