What Is a Non-Disclosure Agreement (NDA)?

Read carefully: NDAs are not your typical bedtime reading. They&#x27;re dense blocks of carefully worded legalese, but it&#x27;s crucial to understand every clause. If in doubt, consult a legal expert.
Know the duration: Many NDAs have an expiration date. It&#x27;s essential to know how long you&#x27;re expected to keep the secret -- especially if the NDA&#x27;s writer has a specific date in mind for taking this information public.
Ask questions: If something seems off or too restrictive, don&#x27;t hesitate to ask the counterparty to the NDA and/or a lawyer. It&#x27;s better to clarify now than face legal troubles later.

Anders Bylund is a contributing Motley Fool media and technology analyst covering semiconductors, cloud computing, internet infrastructure, quantum computing, and streaming media. Previously, Anders was a systems administrator for Nielsen Technology and CSX, gaining hands-on experience with enterprise-class systems. He was also a freelance writer for Ars Technica, TIME, USA Today, CNN, WIRED, and AOL's Daily Finance. He holds a bachelor’s degree in English and a master’s degree in library and information sciences from Florida State University. He believes in coyotes and time as an abstract.

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Anders Bylund has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy.