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disclosure

US //dɪˈskɫoʊʒɝ// UK //dɪsklˈəʊʒɐ// dis·clo·sure
  1. 1 legal/financial requirement (n.)
    C1 Advanced Formal Technical Law

    a formal requirement to share specific facts, especially in business or law.

    the mandatory release of information to the public or to a specific party as required by law or regulation.

    Example

    The lawyer explained that the law requires full disclosure of all assets during a divorce.

    Example

    Failure to provide adequate disclosure in the prospectus can lead to severe penalties from the regulatory authorities.

    Usage

    Commonly appears in the phrase 'non-disclosure agreement' (NDA).

    Teacher's tip

    In a legal context, disclosure is a formal process rather than a casual conversation.
Origin

From disclose by analogy with closure. A purely English formation.

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