MLchartDataset catalogue

Nondisclosure agreement

Term · Insurance and risk management · MLC-T-INS-002331

A legally binding contract that establishes a confidential relationship between two or more parties. The agreement defines specific information, knowledge, or materials that the parties wish to share for a stated purpose while restricting its disclosure to third parties. A breach of the contract can lead to legal action seeking monetary damages or an injunction to stop further disclosures, and it is a common tool in mergers, acquisitions, and new employee onboarding.

Table 1. Record
IdentifierMLC-T-INS-002331
FieldInsurance and risk management
SubjectManagement Liability
Record as JSON 
{
  "id": "MLC-T-INS-002331",
  "term": "Nondisclosure agreement",
  "field": "Insurance and risk management",
  "definition": "A legally binding contract that establishes a confidential relationship between two or more parties. The agreement defines specific information, knowledge, or materials that the parties wish to share for a stated purpose while restricting its disclosure to third parties. A breach of the contract can lead to legal action seeking monetary damages or an injunction to stop further disclosures, and it is a common tool in mergers, acquisitions, and new employee onboarding.",
  "subject": "Management Liability",
  "url": "https://mlchart.com/terminology/insurance/nondisclosure-agreement/"
}

Record 2,289 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.