transparency
noun
uk/trænˈspærənsi/ usplural transparencies [ U ]
a situation in which business and financial activities are done in an open way without secrets, so that people can trust that they are fair and honest:
We need to strike balance between the need for transparency and respect for individual privacy.
Using personal accounts to conduct city business reduces the transparency of the public process.
The Treasury suggested a greater role for independent auditors to increase transparency and accountability.
Our goal is to make sure that union leaders operate with the utmost degree of transparency.
financial/market/corporate transparency
more/greater/improved transparency Consumer groups are backing demands for more transparency in car-hire pricing.
transparency in/on sth We need greater transparency in the market after last year's scandals.
a lack/shortage of transparency Concerns have been raised about a lack of transparency regarding the company's healthcare and pension liabilities.
promote/create/ensure transparency
Compare
opacity
[ C ]
a thin piece of clear plastic with writing or drawing on it that you can show on a wall or screen using an overhead projector:
colour transparencies
See also
acetate