non-disclosure-agreement

Vocabulary Word

Definition

A 'non-disclosure agreement,' often shortened to 'NDA,' is a legal contract that outlines confidential material, knowledge, or data. It prohibits the person who signs it from disclosing that confidential information.

Examples in Different Contexts

In the creative industry, NDAs can be important when discussing new projects with potential partners. An artist might say, 'I require a non-disclosure agreement before revealing my concept for the art installation.'

Practice Scenarios

Academics

Scenario:

Our research on this new social intervention has sensitive elements. How do we make sure our participants maintain confidentiality?

Response:

A good way to ensure this would be to have all of our participants sign a non-disclosure agreement, explicitly stating what they are not allowed to share.

Business

Scenario:

We are on the verge of a significant business merger. To ensure confidentiality, do you believe we should take any additional steps in this direction?

Response:

Yes, given the sensitivity, having them sign a non-disclosure agreement would help maintain the secrecy of our merger plans.