What does an NDA mean?
Also known as non-disclosure contract, a non-disclosure agreement is a document by which the parties are legally bound to comply with a non-disclosure confidentiality agreement regarding certain information that is disclosed by one of the parties in the course of a project or business.
Nowadays, it is very common mostly because there is a lot of competition in all society areas and the reasonable fear that such competitiveness may entail ideas being stolen by third parties is real.
Plagiarism, copying and competition are realities in day-to-day business so no one who has something to protect would ever dismiss a non-disclosure agreement form. In the fields of education or scientific research, as well as in the business sector, especially in more populous countries where aggressive business or science plays a major role, it is imperative that you protect your business with a non-disclosure agreement.
To learn more about non-disclosure agreements, refer to more frequently asked questions about non-disclosure agreements.