Financial disclosure refers to the process of providing information about an individual's or a company's financial status, including assets, liabilities, income, and expenses. This is usually done in the context of legal or regulatory requirements, such as those imposed by securities laws or government agencies. The purpose of financial disclosure is to provide transparency and ensure that relevant information is available to stakeholders, who can then make informed decisions based on this information. Financial disclosure may be required in various situations, including when applying for a loan, seeking investment capital, or filing tax returns.