Factum

(redirected from FACTA)
Also found in: Dictionary, Acronyms.
Related to FACTA: IRS, Facts, FATCA, FBAR

Factum

[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: action, event, fact, performance
References in periodicals archive ?
If a telephone number is provided, the only way to ensure compliance with FACTA is to contact the applicant at the listed number.
The penalties for violating the FACTA can include actual damages, statutory damages up to $1,000 punitive damages per violation (with no cap on class action damages), attorneys' fees, and civil penalties up to $2,500.
Congress enacted FACTA in 2003 to amend the Fair Credit Reporting Act (15 USC 1681 et seq) in an attempt to fight the increasingly common crime of identity theft.
The district court found that FACTA doesn't apply to e-mail receipts and granted Expedia's motion to dismiss.
For more information about FACTA and FRCA, go to http://frwebgate.
This particular disposal rule furthers the purpose of FACTA by requiring that any person who maintains or otherwise possesses "consumer information" for a business purpose must destroy it properly by taking "reasonable measures" to protect against unauthorized access to or use of the information.
FACTA, or the Fair and Accurate Credit Transactions Act, which was signed into law in December 2003, will also help to address customers' identity-theft and privacy concerns.
The 2003 FACTA [Fair and Accurate Credit Transaction Act] has a provision to allow consumers one free copy of their credit report per year.
The authors conclude that FACTA represents an important step toward reducing the incidence of identity theft as well as ameliorating the damage that it causes.
FACTA and FCRA have similar acronyms, but in reality, FACTA's sole existence is to outline those special changes made to FCRA.
Six catchment channels are available, each complete with an antislip mesh grating to pedestrian FACTA Load Class A, an EG520 trapped Eurogully and a silt basket.