- A form of fraud involving the failure to reveal information that in good faith should be communicated. Examples include failure to disclose defects in goods for sale, not listing large liabilities in a credit application and omitting assets from a bankruptcy schedule. Concealment can be a cause for the cancellation (i.e., rescission) of a contract by the misled party or, more seriously, the basis for a civil lawsuit for fraud.
Business law dictionary. 2015.
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concealment — I noun camouflage, confinement, cover, deceitfulness, disappearance, disguise, disguisement, duplicity, evasion, furtiveness, hiding, incognito, inconspicuousness, invisibility, nonappearance, obfuscation, obscurity, obsuration, privacy,… … Law dictionary
Concealment — (also called abscondence or hiding) is obscuring something from view or rendering it inconspicuous, the opposite of exposure. A military term is CCD: camouflage, concealment and deception (looks the same as the surroundings, cannot be seen, looks … Wikipedia
Concealment — Con*ceal ment, n. [OF. concelement.] 1. The act of concealing; the state of being concealed. [1913 Webster] But let concealment, like a worm i the bud, Feed on her damask cheek. Shak. [1913 Webster] Some dear cause Will in concealment wrap me up… … The Collaborative International Dictionary of English
concealment — con‧ceal‧ment [kənˈsiːlmənt] noun [uncountable] 1. LAW the crime of not telling a court about something affecting a legal case, for example when a bankrupt person does not tell a court officer about any money or property they own: • It is a… … Financial and business terms
concealment — early 14c. (late 13c. in Anglo French), from O.Fr. concelement concealment, secrecy, from conceler to hide (see CONCEAL (Cf. conceal)). Originally a term in law; general sense is from c.1600 … Etymology dictionary
concealment — [n] hiding, secrecy beard, blind, camouflage, cover, covering, cover up, curtain, disguise, dissimulation, fig leaf*, front, hideaway, hide out, laundromat, mask, obliteration, obscuration, occultation, privacy, red herring*, secretion, smoke… … New thesaurus
Concealment — (Roget s Thesaurus) < N PARAG:Concealment >N GRP: N 1 Sgm: N 1 concealment concealment Sgm: N 1 hiding hiding &c. >V. Sgm: N 1 occultation occultation mystification GRP: N 2 Sgm: N 2 seal of secrecy seal of secrecy … English dictionary for students
concealment — [[t]kənsi͟ːlmənt[/t]] 1) N UNCOUNT Concealment is the state of being hidden or the act of hiding something. The criminals vainly sought concealment from the searchlight. ...the concealment of weapons. 2) N UNCOUNT: oft N of n The concealment of… … English dictionary
concealment — To conceal. A withholding of something which one knows and which one, in duty, is bound to reveal (e.g. assets in bankruptcy or divorce proceeding; health condition in insurance application). A concealment in law of insurance implies an intention … Black's law dictionary
Concealment — As it relates to insurance, the act of purposefully not reporting information that would affect the issuance or rate of an insurance contract. If the information cannot be known to the insurer and is known to be material by the insured,… … Investment dictionary
concealment — noun 1) the concealment of his weapon Syn: hiding, secretion 2) the deliberate concealment of facts Syn: suppression, hiding, cover up, hushing up; whitewash … Thesaurus of popular words