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A non-disclosure agreement (NDA) is designed to protect confidential information shared between parties, such as customers and suppliers. It is typically used in various contexts, including consulting engagements and strategic alliances. NDAs can be standalone documents or clauses within larger agreements. The agreement restricts the recipient of sensitive information from disclosing it to third parties or the public. Commonly protected information includes business and marketing strategies, financial data, employee lists, and technical processes. NDAs play a crucial role in maintaining confidentiality and safeguarding proprietary data in business interactions.