M&A Foundations · glossary

NDA (non-disclosure agreement)

The confidentiality agreement signed before any secrets change hands — usually the first contract on a deal, and often a junior lawyer's first drafting job. It survives if the deal dies, which is precisely the point. Chapter 5

Explained in Chapter 5, Preparing for a Deal, of M&A Foundations.

How it comes up, in Chapter 5
Before any real information flows, the parties sign a non-disclosure agreement (NDA, also called a confidentiality agreement). On most deals this is the first document a junior lawyer drafts or reviews, usually from a house precedent — which makes it worth knowing intimately.
Read Chapter 5, Preparing for a Deal →

Every chapter of M&A Foundations is free to read, including the full training share purchase agreement.

Related terms

Where this term lives

This term is part of one complete fictional deal, with every document attached and a test after every chapter. Open M&A Foundations → · All terms A–Z →