Non-Disclosure Agreement A statement formally acknowledging that the confidence of information provided in private will be respected The use of these documents is declining due to difficulty and impracticality of enforcement in an environment where VC's routinely see many very similar business opportunities
Sign a non-disclosure agreement, or NDA, and you've agreed not to discuss or publicize some kind of information Often, in the tech world, journalists and analysts are asked to go "under NDA" on the specifics of new hardware or software that aren't yet on the market But NDAs are also popular when companies discuss new business plans, new technologies, and even the inner-workings of technology that's on the market but not yet fully detailed in the public record