Meaning of the word "non-disclosure agreement" in English

What does "non-disclosure agreement" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

non-disclosure agreement

US /ˌnɑːn.dɪˈskloʊ.ʒɚ əˈɡriː.mənt/
UK /ˌnɒn.dɪˈskləʊ.ʒər əˈɡriː.mənt/
"non-disclosure agreement" picture

Noun

a legal contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to

Example:
Before we discuss the project details, you must sign a non-disclosure agreement.
The employees were bound by a non-disclosure agreement regarding the new technology.