Legal Definition of Fact: Something that took place; an act; something actual and real; an incident that occurred; an event | Learn the importance of facts in legal proceedings and how they shape legal arguments. Discover examples of facts and how they are crucial in establishing credibility and persuasiveness. Find out why thorough fact-finding and investigation are essential for building a strong case. Gain insights into the significance of understanding the legal definition of facts in protecting your interests as a business owner