# NDA (Non-Disclosure Agreement)

A confidentiality contract signed to see a listing's name and financials.

Signing them is routine, and you will sign dozens, which is exactly why they are worth reading rather than clicking through. Watch for [non-solicitation](https://searchspheresource.com/glossary/non-solicitation) and [non-compete](https://searchspheresource.com/glossary/non-compete) creep: a normal NDA protects the seller's identity and financials, but the occasional draft quietly tries to bar you from buying any similar business for years.

In numbers: The NDA behind a $4,200,000 listing typically binds for 2 to 3 years, covers the business's identity and financials, and often bars soliciting its employees. What it must not do is bar you from buying a similar business ever after, and the occasional 5-year, industry-wide draft is why you read before signing.

Source: https://searchspheresource.com/glossary/nda
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

Site index for machines: https://searchspheresource.com/llms.txt