Sensitive Information

Non-Disclosure Agreement (NDA)
A Non-Disclosure Agreement (NDA) is a legally binding contract that establishes a confidential relationship and ensures that sensitive information shared between parties is protected and not disclosed to unauthorized parties. NDAs are widely used in various sectors, including the computer industry, to safeguard unreleased products and proprietary information.
Redact
Redacting involves preparing documents for publication or presentation by correcting, revising, or adapting the content. In contemporary usage, redaction often refers to obscuring private, confidential, or sensitive information in a document, such as a public record, to ensure it cannot be read. This process can be particularly challenging with electronic files.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.