Full Disclosure
/ˌfʊl dɪsˈkloʊʒər/
Definitions
- (n.) The legal requirement to reveal all material facts and information relevant to a transaction or legal matter.
The contract was voided due to the seller’s failure to provide full disclosure of known defects.
- (n.) A principle ensuring transparency in legal proceedings or regulatory compliance by mandating the sharing of pertinent data.
Full disclosure in securities law helps protect investors from fraud.
Related terms
See also
Commentary
Full disclosure is critical in contract law and regulatory contexts to prevent concealment of material information and promote fairness.
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.