Fact that is germane to a particular situation; one that participants in the situation, such as a trial, may reasonably be expected to consider.
| Business Dictionary: Material Fact |
Fact that is germane to a particular situation; one that participants in the situation, such as a trial, may reasonably be expected to consider.
| 5min Related Video: Material Fact |
| Insurance Dictionary: Material Misrepresentation |
Falsification of a material fact in such a manner that, had the insurance company known the truth, it would not have insured the risk. A material misrepresentation gives an insurance company grounds to rescind a contract. See also Concealment.
| Real Estate Dictionary: Material Fact |
A fact that is germane to a particular situation; one that participants in the situation such as a trial, may reasonably be expected to consider.
Example: If material facts about the investment property lying in a Floodplain had been communicated to the buyer, he would not have bought. He is now charging Misrepresentation against the seller and the Broker.
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| summary judgment | |
| Concealment (business term) |
| Mean by material facts in accounting? | |
| What does Distinguishing a case on the material facts mean? | |
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Copyrights:
![]() | Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | Insurance Dictionary. Dictionary of Insurance Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved. Read more | |
![]() | Real Estate Dictionary. Dictionary of Real Estate Terms. Copyright © 2004 by Barron's Educational Series, Inc. All rights reserved. Read more |
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