Material Adverse Effect (MAE)

Material Adverse Effect (MAE)

Definition

Also know known as material adverse change, or MAC, a change in a company’s position that significantly diminishes the company’s value. In a merger, an MAE suffered by the seller company may provide grounds for the buyer to cancel the merger agreement.

Get full access FREE

With a 7-day free trial membership
Here's why 806,000 law students have relied on our key terms:
  • A complete online legal dictionary of law terms and legal definitions
  • Over 7,900 key terms written in plain English to help you not only understand the law but master it
  • The premier online law dictionary built specifically for law students
  • Easy access in class or on the go, accessible both online and through the Quimbee mobile app
  • Reliable - written by legal professors and practitioners
  • Get instant access to all related rules of law to any specific key term with a Quimbee Study Aid plan

Get full access FREE

With a 7-day free trial membership