full disclosure

  

Definitions (2)

1.Accounting: Principle under which all material facts (whose non-disclosure may render a financial statement misleading) must be disclosed.
2.Patenting: Basis under which a patent is granted. All material facts must be disclosed in the patent application, any deviation from this rule may render the patent null and void.

Use full disclosure in a sentence

  • The Euro suffered in 2011 and 2012 because Greece and Spain did not employ full disclosure when applying to enter the Euro zone in the preceeding years.

    9 people found this helpful
  • You must always give out all the information you have any time you will be working under full disclosure with someone.

    8 people found this helpful
  • The man promised full disclosure and that made me trust him more and I wanted him to be someone that I could talk to anytime.

    9 people found this helpful
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/full-disclosure.html

Have a question about full disclosure? Ask for help in the
Community
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z