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A non-disclosure agreement (NDA) is a legally binding contract that ensures confidentiality between two parties. In the agreement, both parties consent to share personal and confidential information, agreeing not to disclose that information to anyone else. The video, presented by Rob Tatro, explains the purpose and usage of NDAs, along with the rights associated with them. For further discussion on NDAs or other topics such as investments, viewers are encouraged to book a consultation through the provided link.