Definition of «disclosure»

The term disclosure refers to the act or process of making something known publicly. It can be a revelation, exposure, or uncovering of information that was previously hidden or kept secret. Disclosures are often made in order to provide transparency and accountability, as well as to inform or protect individuals or organizations. In legal contexts, disclosure refers specifically to the obligation of one party to reveal relevant information to another before a contract is signed or a transaction takes place.

Usage examples

  1. Tax form: Include a disclosure statement at the end of your tax return indicating that all information provided is accurate and complete to the best of your knowledge.
  2. Investment prospectus: Clearly outline the risks and potential returns associated with a particular investment opportunity in a disclosure section of the prospectus to inform potential investors.
  3. Legal document: Ensure that all parties involved in a contractual agreement sign a disclosure agreement acknowledging that any confidential information shared during the course of the agreement must be kept private.
  4. Clinical trial: Before enrolling participants, researchers must obtain informed consent, which includes a detailed disclosure of the potential risks and benefits of participating in the trial.
  5. Financial statement: A company's financial report should include a disclosure section highlighting any significant events or transactions that may impact the financial stability or performance of the organization.
  6. Product packaging: Certain products, such as food items containing allergens, require a disclosure on their packaging indicating the presence of any potential allergenic ingredients.
  7. Annual report: Businesses must provide a disclosure of their financial performance, strategic initiatives, and risks in their annual report to keep shareholders and potential investors informed.
  8. Website privacy policy: Websites should have a clear disclosure outlining how user data is collected, stored, and used to ensure transparency and comply with privacy regulations.
  9. Employment contract: Employers may include a disclosure clause in employment contracts stating that employees cannot disclose any proprietary or confidential information about the company to third parties.
  10. Real estate transactions: Sellers should prepare a disclosure statement disclosing any known defects or issues with the property being sold, ensuring transparency and avoiding any legal disputes with the buyer.

Sentences with «disclosure»

  • It also includes new requirements for disclosure of outside income by legislators and members of the executive branch. (gothamgazette.com)
  • A verified financial installment agreement is just an installment agreement that requires financial disclosure in order to be approved. (taxdebthelp.com)
  • The key to a successful mediation for both spouses is that each person makes full financial disclosure of all debts, assets, and income. (divorcemag.com)
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