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Entrepreneurship & Startups vocabulary · Legal Setup & Governance

NDA

Meaning in entrepreneurship & startups, with examples

/ˌen diː ˈeɪ/abbreviationCommon term

In entrepreneurship & startups, NDA means: Non-disclosure agreement: a contract in which people promise not to share confidential information they receive, such as plans, code or customer data.

In Turkish: gizlilik sözleşmesi, gizlilik anlaşması

How it is used

Founders sign NDAs with partners, suppliers, freelancers and possible buyers. Most venture capital investors do not sign NDAs just to hear a pitch, because they see many similar ideas, so asking for one at a first meeting can look inexperienced.

Example sentences

  1. Before we share the code, could you sign our NDA?

  2. The buyer signed an NDA before seeing our customer list.

Common collocations

  • sign an NDA
  • mutual NDA
  • under NDA
  • breach an NDA
  • intellectual propertyCreations of the mind that a company can legally own, such as code, inventions, designs, brand names and content, protected by patents, trademarks and copyright.
  • due diligenceA careful check that investors or buyers do before a deal, reviewing a company's finances, contracts, legal status, technology and team to find any risks.
  • acquisitionThe purchase of one company by another, through buying most or all of its shares or its business. It is the most common exit for startups.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Legal Setup & Governance

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