Terms of Use and Privacy Policies

Definition updated on November 2023

What are terms of use and privacy policies?

Terms of use, commonly referred to as terms and conditions, lay out the policies and procedures that users must follow when using a website or service. They often cover a variety of topics, including user obligations, forbidden conduct, intellectual property rights, disclaimers, liability limitations, and dispute resolution. Terms of use inform users of what is expected of them when using the platform and assist in protecting the rights and interests of the website or service provider. Contrarily, privacy policies are declarations or legal papers that outline how a company gathers, uses, and handles user data. They are especially crucial when it comes to the gathering and management of sensitive data or personally identifiable information (PII).

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