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A non-disclosure agreement (NDA) is designed to protect confidential information shared among parties, such as customers and suppliers, during consulting or service engagements. NDAs can be standalone documents or included as clauses within larger agreements. They legally bind the recipient from disclosing confidential information to third parties or the public. Commonly protected information includes business and marketing strategies, financial data, employee records, operational methods, and technical research. NDAs are essential for maintaining privacy and security in business transactions and relationships.
