However, these documents are treated legally as acts and are therefore binding without consideration, unlike contracts. Sometimes questions come from friends and colleagues about the difference between a confidentiality agreement (also known by its acronym; “NDA”) and a confidentiality agreement (also known by its longer name); Confidential Disclosure Agreement or “CDA”. There are many other name variants for this type of agreement, depending on which part of the world and industry you practice in, such as.B. Proprietary Information Agreement, Secrecy Agreement (Europeans like this) and the Pinky-Swear-You-Won`t-Tell-Anyone agreement (I often do this with my neighbor`s 8-year-old). Since NDAs and CDAs are the most used names, I will stick to those names. For example, if you`re an inventor and you`re looking for investors who fund your project to make your idea a selves come true, you might like investors to sign confidentiality agreements to make sure they don`t steal your ideas for themselves or share them with other inventors. Assuming that the inventor does not have access to sensitive investor information, such as for example. B finances, etc., a unilateral agreement is generally acceptable. When it comes to these agreements, the content is the same, but the name is different. It can vary between companies, countries, sectors, and even individuals….