An NDA Form, or Non-Disclosure Agreement Form, is a legally binding document that outlines an agreement between two parties—the disclosing party, who shares confidential information, and the receiving party, who agrees to keep it confidential. It is used to protect sensitive information exchanged in business transactions or during negotiations so that it can’t be shared or misused without consent. The terms included in an NDA are typically designed to protect trade secrets, intellectual property rights, research findings, proprietary algorithms, and other critical data important to the success of each business. By signing an NDA, both parties are obligated to adhere to the agreed-upon terms and bear responsibility for any potential disputes. All in all, NDAs are indispensable tools for ensuring the security of confidential information in any kind of business transaction.