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A non-disclosure agreement (NDA) is designed to protect confidential information shared between parties, such as customers and suppliers. NDAs are utilized in various contexts, including consulting engagements, service agreements, and strategic alliances. A NDA can be a standalone document or part of a larger agreement. It prohibits 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 research. NDAs are essential for maintaining confidentiality and safeguarding proprietary information in business relationships.