Submit a Definitions
Submit a definition! Help us build out database.
Get a Term Defined
Request a definition! Submit a term you need defined.
Disclosure Definition
A disclosure is a set of words that reveals known facts to the purchasers, bidders, and sellers in an auction sale. It helps to form an informed and wise decision in an auction sale. In particular, a disclosure is used by an auctioneer to insure him against any future liability.
Added By:
laws-admin
Category:
Antiques