MLchartDataset catalogue

Fraudulent concealment

Term · Law · MLC-T-LAW-002225

The deliberate suppression or withholding of a material fact that a party has a duty to disclose, with the intent to deceive another and induce them to act to their detriment. This act extends the statute of limitations for bringing a claim, as the period begins only when the fraud is discovered or reasonably should have been discovered. It requires an affirmative act of concealment or a failure to disclose when a fiduciary or other special relationship creates a duty to speak.

Table 1. Record
IdentifierMLC-T-LAW-002225
FieldLaw
Record as JSON
{
  "id": "MLC-T-LAW-002225",
  "term": "Fraudulent concealment",
  "field": "Law",
  "definition": "The deliberate suppression or withholding of a material fact that a party has a duty to disclose, with the intent to deceive another and induce them to act to their detriment. This act extends the statute of limitations for bringing a claim, as the period begins only when the fraud is discovered or reasonably should have been discovered. It requires an affirmative act of concealment or a failure to disclose when a fiduciary or other special relationship creates a duty to speak.",
  "url": "https://mlchart.com/terminology/law/fraudulent-concealment/"
}

Record 2,133 of 5,441 in Law terminology (MLC-0107). Request the full dataset.