Legal Definitions - suppressio veri

Definition: Suppressio veri is a Latin term that means "suppression of the truth." It is a type of fraud where someone intentionally hides or withholds important information that they should have disclosed.

Examples:

• A car salesman knows that the car he is selling has been in a major accident, but he doesn't tell the buyer about it. This is an example of suppressio veri.
• An insurance company fails to disclose important details about a policy to a customer, such as exclusions or limitations. This is also an example of suppressio veri.

These examples illustrate how suppressio veri can be used to deceive someone by withholding important information. In both cases, the person who is withholding the information knows that it is important and relevant to the situation, but they choose not to disclose it. This can lead to serious consequences for the person who is being deceived, such as financial loss or physical harm.