Full disclosure
Term · Law · MLC-T-LAW-002260
The legal requirement to reveal all material facts relevant to a transaction or situation, especially when one party has a fiduciary duty to another. This obligation aims to prevent fraud and misrepresentation by providing complete and accurate information. In securities law, public companies must make full disclosure of financial and operational information to investors through filings with the Securities and Exchange Commission (SEC).
| Identifier | MLC-T-LAW-002260 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002260",
"term": "Full disclosure",
"field": "Law",
"definition": "The legal requirement to reveal all material facts relevant to a transaction or situation, especially when one party has a fiduciary duty to another. This obligation aims to prevent fraud and misrepresentation by providing complete and accurate information. In securities law, public companies must make full disclosure of financial and operational information to investors through filings with the Securities and Exchange Commission (SEC).",
"url": "https://mlchart.com/terminology/law/full-disclosure/"
}
Record 2,169 of 5,441 in Law terminology (MLC-0107). Request the full dataset.