What is define disclosure?

Disclosure refers to the act of making information or secrets known to others either voluntarily or involuntarily. It may involve revealing important details about a product, service, or situation that could affect the outcome of a decision or strategy. In business, disclosure often involves the requirement to reveal financial and non-financial information to investors, stakeholders, or the public, in order to promote transparency, accountability, and ethical behavior. Failure to disclose relevant information can result in legal and ethical violations, as well as loss of trust and reputation damage. Disclosure can also refer to the act of reporting inappropriate or illegal actions, such as whistleblowing.