Non Disclosure Statement Definition

A non-disclosure statement is a written agreement between two parties that establishes a confidential relationship. The agreement outlines the type of information that can and cannot be shared. It also sets expectations for how the information will be used and protected.

Non-disclosure statements are also known as confidentiality agreements, secrecy agreements, and proprietary information agreements. They are commonly used in business relationships, such as when companies work together on a new product or service.