confidentiality agreement

confidentiality agreement
Gen Mgt
an agreement whereby an organization that has access to information about the affairs of another organization makes an undertaking to treat the information as private and confidential. A potential buyer of a company who requires further information in the process of due diligence may be asked to sign a confidentiality agreement stating that the information will only be used for the purpose of deciding whether to go ahead with the deal and will only be disclosed to employees involved in the negotiations. Such agreements are also used where information is shared in the context of a partnership or benchmarking program.

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  • confidentiality agreement — 1) A confidentiality agreement (also known as a non disclosure agreement or NDA) should be signed before giving away any business sensitive information. The agreement will normally provide that the information given is confidential, should only… …   Law dictionary

  • confidentiality agreement — UK US noun [countable] [singular confidentiality agreement plural confidentiality agreements] business an agreement in which a person or organization that has important information about the activities of another organization promises not to give …   Useful english dictionary

  • Confidentiality Agreement — A legal agreement between two or more parties that is used to signify that a confidential relationship exists between the parties. A confidentiality agreement is used in strategic meetings where various parties become privy to sensitive corporate …   Investment dictionary

  • confidentiality agreement — UK / US noun [countable] Word forms confidentiality agreement : singular confidentiality agreement plural confidentiality agreements business an agreement in which a person or organization that has important information about the activities of… …   English dictionary

  • confidentiality agreement — /ˌkɒnfɪdenʃi ælɪti əˌgri:mənt/ noun an agreement in which an organisation that has important information about the plans and activities of another organisation promises not to pass that information on to outsiders (NOTE: Confidentiality… …   Marketing dictionary in english

  • confidentiality — con‧fi‧den‧ti‧al‧i‧ty [ˌkɒnfdenʆiˈælti ǁ ˌkɑːn ] noun [uncountable] the practice of keeping private information secret: • He raised concerns that departmental confidentiality had been breached. • a confidentiality agreement * * *… …   Financial and business terms

  • confidentiality — index privacy Burton s Legal Thesaurus. William C. Burton. 2006 confidentiality …   Law dictionary

  • Confidentiality — Confidential redirects here. For other uses, see Confidential (disambiguation). Confidentiality is an ethical principle associated with several professions (e.g., medicine, law). In ethics, and (in some places) in law and alternative forms of… …   Wikipedia

  • confidentiality clause — ➔ clause * * * confidentiality clause UK US noun [C] LAW, HR ► a part of an agreement in which the people or companies involved agree not to give particular information to other people or companies: »The agreement includes a strict… …   Financial and business terms

  • Confidentiality status of CRS Reports — The confidentiality status of CRS Reports has been a public policy dispute. Contents 1 Congress s attitudes towards CRS confidentiality 1.1 CRS annual appropriations legislation 1.2 1978 proposal by the National Conference of State Legislatures …   Wikipedia

  • confidentiality — noun ADJECTIVE ▪ complete, strict, total ▪ It is important to maintain strict confidentiality at all times. ▪ client, patient ▪ To maintain patient confiden …   Collocations dictionary

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