Nondisclosure agreement, also known as confidentiality agreement, refers to a legal contract between multiple parties restricting them to share information about the business of the other party. Mostly used in restricting employees from disclosing confidential or proprietary information of the company.

Net Salary refers to an employee’s take-home pay after deductions such as taxes, insurance, and other withholdings have been subtracted from their gross earnings. It represents the actual amount that an employee receives in their paycheck. Net pay is what employees receive in their bank accounts and is crucial for budgeting and personal financial planning. Calculated after various deductions, it reflects the portion of earnings that employees can use for personal expenses and savings.

Nepotism refers to favouritism to relatives due to the blood relationship rather than making decisions based on standard metrics such as performance, personality, achievements and results. A related term is cronyism, which is favouritism to friends and other non-relatives based on the relationship rather than merit.