immaterial


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Immaterial

Describing any circumstance or outcome of little to no importance. For example, a price movement in a stock of a single penny one way or another is almost always immaterial to the company's continued operations.

immaterial

Of so little importance or relevance as to have no significant impact on an outcome. For example, a firm may be engaged in a lawsuit involving such an insignificant amount of money that the lawsuit's outcome will not appreciably affect the firm. Thus, the lawsuit and its potential results are immaterial to the preparation of the firm's financial statements. Compare material.
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References in periodicals archive ?
This propensity to modify reports for apparently immaterial effects can best be exemplified by considering the seminal work by Holstrum and Messier (1982) in which they concluded, after extensively reviewing the literature on materiality, that all groups would judge items producing income effects less than 4 percent immaterial.
Immaterial Breach -- An immaterial breach of contract, sometimes referred to as a "partial breach," or "innocent breach," refers to conduct that technically breaks the terms of a contract, but does not do any significant damage or cause any significant disruption to the other party.
For example, a township (the primary government) has a single component unit--a small community mental health board--that provides services to residents, the operations of which are immaterial to the township.
The first quarter number was a loss of $27 million, which was an immaterial change from the year-end figure.
The ruling implied that it is immaterial how the definition of control is avoided; as long as the corporation is not controlled, Sec.
While legally different from public debt, Fitch views the difference in probability of the GOP honoring one obligation over the other as immaterial.
Thi s sense of liberation is reflected in the faint optical shimmer that overflows into immaterial space from the sharp, unbounded edges at the top and bottom of the picture plane.
The fact there were no postmortem payments was immaterial.
But such heart-tugging realities are immaterial to the wrongdoers lured by the prevalence of computers in classrooms nowadays.
Risks that are considered immaterial or models that are only run occasionally for validation of actively run models do not require SRQ responses.
99, "Even if misstatements are immaterial, registrants must comply with Sections 13(b)(2) - (7) of the Securities Exchange Act of 1934.
For nudists, such a dilemma not only is immaterial, but they probably wouldn't worry much if their luggage got lost altogether.