13 What is the purpose of an NDA?
A non-disclosure agreement (NDA), also known as a confidentiality agreement (CA), confidential disclosure agreement (CDA), proprietary information agreement (PIA), or secrecy agreement, is a legal contract between two or more people or legal entities that spells out that information divulged during the transaction or exchange of information should not be shared with other parties. This usually includes all confidential material, knowledge, or informationthey may share with each other but do not want the same to be known by others.
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