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postnuptial agreement

postnuptial agreement (pohst-n[schwa]p-sh[schwa]l). An agreement entered into during marriage to define each spouse’s property rights in the event of death or divorce. • The term commonly refers to an agreement between spouses during the marriage at a time when separation or divorce is not imminent. When dissolution is intended as the result, it is more

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nondisclosure agreement

nondisclosure agreement. Trade secrets. A contract or contractual provision containing a person’s promise not to disclose any information shared by or discovered from a trade-secret holder, including all information about trade secrets, procedures, or other internal matters. • Employees and some nonemployees, such as beta-testers and contractors, are frequently required to sign nondisclosure agreements. —

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