Glossary

Confidentiality Agreement

Where one or more parties agree to keep shared information private and only use it within the terms of the agreement. The purpose of a confidentiality agreement is to establish trust between all parties involved and prevent private information from being misused, such as leaked to the public or used for competitive gain.

Confidentiality agreements are used for a number of business scenarios. For example, the potential buyer of a company may have to sign a confidentiality agreement before they can assess the company’s assets and liabilities.