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Definition of Material fact
1. Noun. (legal) A fact essential to make a case or a defense, or the absence of which negates a case or defense. ¹
2. Noun. (context: legal 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. ¹
3. Noun. (context: legal 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. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Material Fact
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