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factum
(redirected from FACTA)

   Also found in: Dictionary/thesaurus, Acronyms 0.01 sec.

[Latin, Fact, act, or deed.] A fact in evidence, which is generally the central or primary fact upon which a controversy will be decided.


See also: action, event, fact, performance


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FACTA was designed specifically to reduce the growing risks of credit, idenity, and consumer fraud, by requiring businesses to properly destroy confidential information upon discarding it.
House of Representatives would amend FACTA and exclude health care, accounting and legal practices with 20 or fewer employees from having to comply with the regulations.
At its meeting in July, The Florida Bar Board of Governors adopted as a Bar legislative position the ABA's position to oppose having lawyers and law offices covered under FACTA (see "Bar objects to including lawyers under FTC's new Red Flags Rule" in the August 1 News).
 
 
 
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