Usually means: Fact essential to transaction decisions.
Definitions Related words Mentions
We found 7 dictionaries that define the word material fact:

General (3 matching dictionaries)
  1. material fact: Wiktionary
  2. material fact: Dictionary.com
  3. Material fact: Wikipedia, the Free Encyclopedia

Business (3 matching dictionaries)
  1. Glossary of Legal Terms (No longer online)
  2. material fact: Financial dictionary
  3. BusinessDictionary.com (No longer online)

Medicine (1 matching dictionary)
  1. material fact: Medical dictionary

Definitions from Wiktionary (material fact)

noun:  (law) A fact essential to make a case or a defense, or the absence of which negates a case or defense.
noun:  (law, property 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.
noun:  (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.

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