material fact
Decision-changing truth
A material fact is information significant enough to influence a decision or outcome.
In law, material facts are details that could affect a verdict or a party's willingness to enter a contract: The seller failed to disclose the material fact that the house had flooded twice.
Insurance policies may be voided for misrepresenting material facts.
In securities law, investors must be informed of material facts that could affect stock prices.
- relevanceState of mattering here
- informationKnowledge about something
- need to knowRestricted information access basis
- evidenceFacts supporting truth
- pertinenceQuality of being applicable
bottom line · disclosure · full disclosure · testimony · sworn statement · on the record · averment · litigation · significance · reasonable doubt · false representation · red flag · smoking gun · law · court · trial · omission · burden of proof
material factminor detail
Insignificant specific element
boilerplate · noise · fine print · dicta
material facttriviality
Unimportant small matter
minutiae · filler · fluff · padding · window dressing
material, fact, matter, materialism, materialist, materialistic, materially, materialize, materialization