Too bad you are confused...this helps?? The word fact derives from the Latin factum, and was first used in English with the same meaning: "a thing done or performed" . spec·u·la·tion : ideas or guesses about something that is not known. IF YOU ARE AT THE MEETING, OR PARTICPATE IN THE PROCESS DIRECTLY OR INDIRECTLY, THEN WHAT YOU REPORT IS "FACT". lol...