material fact

English

Noun

material fact (plural material facts)

  1. (law) A fact essential to make a case or a defense, or the absence of which negates a case or defense.
  2. (law, real estate law) A fact that might alter a person's decision to buy a property or change the terms and price a buyer is willing to accept.
  3. (law, insurance law) A fact that might alter an insurer's decision to agree to provide insurance to a person or alter the terms and conditions or the rate of premium on a policy.

References
  • “Belluck & Fox legal Glossary”, in (please provide the title of the work)‎, (please provide a date or year)
  • “About.com Material Fact article”, in (please provide the title of the work)‎, (please provide a date or year)
  • “Car insurance jargon”, in (please provide the title of the work)‎, accessed 4 July 2007, archived from the original on 2007-08-10
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