Non Disclosure Agreement (NDA) - Intellectual Property Law
A Non Disclosure Agreement or 'NDA' is an agreement to prevent another party (or parties) from revealing specific information to any parties outside of the agreement. An NDA will often to used to keep the details of an invention secret when it needs to be discussed with other potential collaborators.
A one-way non disclosure agreement covers situations where a a party is disclosing confidential information, and another party is receiving it. A mutual non disclosure agreement is when information is being exchanged back and forth between both of the parties.
Return to intellectual property law glossary here.