Material-fact Definition
noun
(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.
Wiktionary
(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.
Wiktionary
Other Word Forms of Material-fact
Noun
Singular:
material-fact
Plural:
material facts
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