Non-Disclosure Agreement (NDA)

A non-disclosure agreement, also known as an NDA or CA (confidentiality agreements), is a contract by which one or more parties agree not to disclose confidential information shared with them. An NDA is typically put in place any time data is disclosed to potential investors, creditors, employees, advisors, clients, or suppliers - or any other stakeholders that need access to the company's confidential information. Having the NDA signed by all parties can lend trust to these sorts of negotiations and discourage intellectual property theft.