A Confidentiality Agreement, often called a Non-Disclosure Agreement (NDA), is a legal contract that protects sensitive information shared between parties. This agreement ensures that the receiving party does not disclose or misuse the information for their own benefit. It is commonly used in business settings, where companies share trade secrets, client lists, or proprietary technology. These agreements are crucial for maintaining trust and safeguarding intellectual property. If someone violates a Confidentiality Agreement, they may face legal consequences, including financial penalties. Overall, these agreements help foster open communication while protecting valuable information from being leaked or exploited.