full disclosure


Also found in: Financial, Acronyms, Wikipedia.

full disclosure

n. the need in business transactions to tell the "whole truth" about any matter which the other party should know in deciding to buy or contract. In real estate sales in many states there is a full disclosure form which must be filled out and signed under penalty of perjury for knowingly falsifying or concealing any significant fact. (See: caveat emptor)

References in classic literature ?
If Arnold had felt himself at liberty to answer that question, Sir Patrick's suspicions would have been aroused, and Sir Patrick's resolution would have forced a full disclosure from him before he left the house.
Winkle, however, and a full disclosure of what had passed in the interview with Dowler, Sam began to waver; and at length a compromise was effected, of which the following were the main and principal conditions:--
And that therefore means it's not full disclosure. And they run the risk--not just run the risk--they won't get amnesty.
Our requirements for full disclosure also extend to reviewers and editors, who must disclose to the Editor-in-Chief any competing financial interests that could be construed as affecting their evaluation of a manuscript.
"Descendants of slaves, whose ancestors were defined as private property, dehumanized, divided from their families, forced to perform labor without appropriate compensation or benefits, and whose ancestors' owners were compensated for damages by insurers, are entitled to full disclosure."
The way to avoid this is by full disclosure. The purchaser should disclose, upfront, that he or she is an "investor" whose primary business is to make a profit by reselling.
The spirit of conflict of interest disclosure is best served by full disclosure in such cases.
Full disclosure would require that the 37 percent average tax on each gallon of gasoline be itemized, as is done with sales taxes.
The new Regulation FD (for Full Disclosure) hit the corporate world and the investment community with a wallop in August, and financial executives and analysts everywhere have been scrambling to interpret it and figure out appropriate behavior.
In the spirit of full disclosure, I have a biased viewpoint toward this book because I read first drafts of several chapters, had several discussions with author Whitney, and even sat in on one of his Shakespeare/Leadership classes at Columbia Business School.
"The American insistence on open markets and full disclosure is often viewed as a ploy to facilitate the colonization of foreign financial sectors by powerful American firms.
A February sit-in at Duke University lasted thirty-one hours, and resulted in an administrative commitment to demand full disclosure of the factory locations of collegiate clothing manufacturers within a year.