Disclosure Statement Definition Examples How It Works
What is Disclosure Statement? Explanation In simple terms, disclosure indicates explaining or making information public to others. So, the disclosure statement could be a written or a verbal statement delineating various information required or supposed to be expressed. But, in general, parlance refers to a document issued by an organization stating different facts and terms. For instance, if a financial transaction takes place with an organization and people at large, there are many terms and conditions mentioned in the paper that a layperson could not understand....