Full Disclosure

Definition of Full Disclosure

Term used in variety of legal contexts, e.g. a fiduciary who participates in a transaction for his own benefit is required to fully reveal the details of such. In consumer law, the obligation to reveal all details of a transaction to the consumer; e.g. federal and state Trath-in-Lending Acts. Also, federal election laws require candidates to make full disclosure of the extent and source of their campaign contributions. See also Compulsory disclosure; Disclosure.

That's the definition of Full Disclosure in Black's Law Dictionary 6th Edition. Courtesy of Cekhukum.com.

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