Financial Records
/ˈfaɪnænʃəl ˈrɛkərdz/
Definitions
- (n.) Documents or data that record the financial transactions, positions, and performance of an entity, used for legal compliance, auditing, and evidence.
The court requested the financial records of the corporation to verify the claims of misappropriation.
Forms
- financial record
Related terms
See also
Commentary
Financial records must be maintained accurately and securely to satisfy statutory retention requirements and substantiate financial disclosures during litigation.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.