In plain English
This term refers to information that must be shared, not kept back. In contract matters, it means one side has a duty to tell the other side certain facts or details connected with the agreement.
In context
Here, "Disclosure" signals that the notice provides information one party is required to make known to the other in relation to the contract, including matters such as charges, renewal, billing, or account use.
- Situation
- Understanding standard terms notices, acceptance controls, disclosures, and policy references
- What it communicates
- heads a short explanatory notice about charges, renewal, billing, or account use.
Meaning limits
The term by itself does not identify exactly which information must be made known.
Examples
“Before the buyer signed the service contract, the seller delivered the required disclosure of the cancellation fee.”
“The disclosure sets out the renewal date and any charges for using the account.”