Vertalis Business Law Glossary
Contracts
Confidentiality Agreement
Also called: NDA · Nondisclosure Agreement.
By Tim Nichols
Modern Counsel for Growing Companies
In plain English
An agreement restricting the use or disclosure of specified information, often called an NDA. It should identify protected information, permitted uses, exclusions, authorized recipients, and duration. Confidentiality obligations protect information but do not, by themselves, transfer ownership of intellectual property.