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A confidentiality agreement is a contract between individuals or companies that prevents one party from disclosing sensitive information, such as trade secrets or proprietary information, learned during their relationship. Both confidentiality agreements and nondisclosure agreements (NDAs) aim to protect this information from being shared. However, confidentiality agreements are broader, while NDAs are often more specific, containing additional provisions. NDAs are typically used in transactional contexts, whereas confidentiality agreements are more commonly associated with employment relationships.