ELI5: nda
// explanation
What is an NDA?
An NDA is like a pinky promise you make with someone that says you won't tell other people their secrets [1][2]. When two people or companies share something private with each other, they sign this special paper that says "I promise not to blab about this." [1][4]
Why do people use NDAs?
People use NDAs when they want to share important secrets with someone but need to make sure that person won't tell everyone else about it [2][4]. It's like telling your best friend a secret and making them swear they won't tell anyone—except it's a legal promise, not just a verbal one [1].
What happens if someone breaks an NDA?
If someone breaks their promise and tells the secret anyway, the person who shared it can take them to court and make them pay money as punishment [4][1]. It's the legal way of saying "you broke the rules and now there are consequences." [2]
When do you need an NDA?
Companies use NDAs when they're showing someone a new invention, sharing business plans, or discussing things they want to keep private [1][2]. Even when you're job hunting, sometimes companies make you sign an NDA before they tell you about a special project [1].
// sources
A nondisclosure agreement (NDA) is a legal document between two or more parties who agree not to disclose any sensitive information revealed over the course of ...
Mar 11, 2025 ... What is an NDA? An NDA (Non-Disclosure Agreement) is a legal contract between two or more parties that outlines confidential material, knowledge ...
Apr 26, 2024 ... Comments Section ... It's literally called non-disclosure agreement. Forcing anyone by definition means they don't agree. ... No, but you can refuse ...
It is a contract through which the parties agree not to disclose any information covered by the agreement. An NDA creates a confidential relationship between ...
We review contracts for sponsored projects applying regulatory, statutory and organizational knowledge to balance the university's mission.
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