A binding agreement between persons or entities where either one party or all parties agree not to disclose information that may be exchanged between the parties that is confidential in nature and to treat specific information as a trade secret. Nondisclosure agreements are frequently used when parties discuss a potential business relationship that includes development, … [Read more...] about NONDISCLOSURE AGREEMENT (NDA)
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NON-MAILABLE
A term applied to all letters and parcels which are by law excluded from transportation in the United States malls, whether on account of the size of the package, the nature of its contents, its obscene character, or for other reasons. See U. S. v. Nathan (D. C.) 61 Fed. 936. … [Read more...] about NON-MAILABLE
NONDISCRETIONARY TRUST
A trust where the trustee must carry out wishes but has no discretion as to the investing, spending or distribution of the assets. … [Read more...] about NONDISCRETIONARY TRUST
NONCONFORMANCE
A defect in the delivery of specific goods or a specific performance. Where the goods or service do not conform with what was agreed under contract. … [Read more...] about NONCONFORMANCE
NON-ADMISSION
The refusal of admission. … [Read more...] about NON-ADMISSION