Also known as a "non-disclosure agreement (NDA)".
A confidentiality agreement is a standard written agreement that is used when two companies start working together. Any individual that may have access to sensitive information is often required to sign a confidentiality agreement and it is often a clear indication that the information is private. This type of agreement is often used as an incentive to build trust between the parties and it is often used as clarification in the event of a legal battle.
Investment dictionary. Academic. 2012.
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confidentiality agreement — 1) A confidentiality agreement (also known as a non disclosure agreement or NDA) should be signed before giving away any business sensitive information. The agreement will normally provide that the information given is confidential, should only… … Law dictionary
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confidentiality agreement — Gen Mgt an agreement whereby an organization that has access to information about the affairs of another organization makes an undertaking to treat the information as private and confidential. A potential buyer of a company who requires further… … The ultimate business dictionary
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