Akademik

disclosure

A company's release of all information pertaining to the company's business activity, regardless of how that information may influence investors. Bloomberg Financial Dictionary

————

See also ownership disclosure Euroclear Clearing and Settlement glossary

Requirement for holders or beneficial owners to disclose their name, location and holdings of any issue to the issuer. Euroclear Clearing and Settlement glossary

* * *

disclosure dis‧clo‧sure [dɪsˈkləʊʒə ǁ -ˈkloʊʒər] noun

1. [countable, uncountable] FINANCE the duty of someone in a professional position to inform customers, shareholders etc about facts that will influence their decisions:

• The code of conduct is based on the need for disclosure, which ensures that all those with a legitimate interest in a company have the information which they need.

2. [uncountable] LAW when a person or organization gives information that would normally be kept secret, for example when a bank gives information about a customer's accounts to the police:

• In America `shield' laws allow journalists to protect their sources, with certain exceptions, for example if public interest is better served by disclosure.

3. [uncountable] INSURANCE the duty of someone who is insured to tell the insurance company every important fact that relates to the insurance

4. [countable] a fact which is made known after being kept secret:

• There was criticism of his salary and tax arrangements following disclosures in the newspapers.

* * *

disclosure UK US /dɪsˈkləʊʒə^r/ noun

► [C or U] (also financial disclosure) FINANCE a private financial record that a person or company must show to the government, investors, banks, etc. for business purposes, or the fact of making this record available: »Her financial disclosure describes her work for the company as ""consulting/media/public relations.""
»Disclosure of sales and operating profit has confirmed the company's growth within the electronics sector.

► [U] INSURANCE the act of making information available to an insurance company when you get insurance or make a claim (= ask for a payment), especially personal information about your health, age, etc.: »Insurers may request the disclosure of existing genetic test results.

► [C or U] LAW private, personal, or secret information that you must tell to someone such as a court judge, the police, or a government organization, or the duty to give them this information: »The FDA requires pharmaceutical companies to provide full disclosure about the risks of their drug products.

→ Compare NON-DISCLOSURE(Cf. ↑non-disclosure)

Financial and business terms. 2012.