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 tech industry, NDAs are crucial for protecting innovative ideas during collaboration. A tech entrepreneur might state, 'Our development team signs a non-disclosure agreement to secure the privacy of our proprietary technology.'

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.

Tech

Scenario:

We're about to start developing a revolutionary new app. As the project manager, how should I ensure that our proprietary technology remains safeguarded?

Response:

I recommend that everyone involved in the project should sign a non-disclosure agreement. This will add an extra layer of legal protection.