full disclosure definition

full disclosure

Accounting: Principle under which all material facts (whose non-disclosure may render a financial statement misleading) must be disclosed.

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.

full disclosure is in the Accounting & Auditing and Corporate, Commercial, & General Law subjects.

full disclosure appears in the definitions of the following terms: fiduciary, off balance sheet financing (OBSF), consistency principle and accounting concepts

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