A Non-Disclosure Agreement (NDA) protects sensitive and confidential information. It’s a legal contract that prevents individuals from disclosing that information or leaking it into the public domain.
It’s signed by two parties who agree to keep the information they discuss private, and not to divulge, share or release, without the consent of the person or company who owns it.
An NDA can be drawn up between a business and an employee, contractor, investor, collaborator, or a job candidate.
A Non-Disclosure Agreement is a legally binding contract so there are consequences if you breach the terms.