Hearsay
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Business Glossary 
Definitions for: hearsay
hearsay
- statement made by an individual within the organization that is based on rumor rather than substantiated facts; gossip.
- in law, testimony of one person as to the statement of another. It does not prove what the other said but proves the truth of the fact asserted by the other.
Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
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