material


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Related to material: materiel, Material Design, Material science

Material

1. Describing information that is or may be relevant for a firm's operations. For example, if a VCR company is experiencing a dearth of demand because most of its potential customers are buying DVD players, this is material information that will likely need to be disclosed to shareholders. See also: Immaterial.

2. Raw substances that a company uses to make its product. For example, an oil refinery's material is crude oil, which it makes into refined oil.

material

Of sufficient importance or relevance as to have possible significant influence on an outcome. For example, the possibility that a firm might lose its right to operate a number of television stations because competitors have filed with the Federal Communications Commission for those licenses would be a material fact in preparing the firm's financial statements. Compare immaterial.
References in classic literature ?
I mean," he said hastily, "that you have the same opportunity to direct the lives of these young men into more regular, disciplined channels that I have to regulate and correct their foolish waste of industry and material here.
The carcass of a deer, shot within twenty miles, had supplied material for the vast circumference of a pasty.
My conclusion was that he had no soul, no heart, no mind; nothing, as I have already said, but instincts; and yet, withal, so cunningly had the few materials of his character been put together that there was no painful perception of deficiency, but, on my part, an entire contentment with what I found in him.
Such is the general purport of this legendary superstition, which has furnished materials for many a wild story in that region of shadows; and the spectre is known at all the country firesides, by the name of the Headless Horseman of Sleepy Hollow.
I know not with what fine and costly material the heidelburgh Tun was coated within, but in superlative richness that coating could not possibly have compared with the silken pearl-colored membrane, like the line of a fine pelisse, forming the inner surface of the Sperm Whale's case.
His notes are never true, and his fiddle buzzes on the low ones and squeaks and scratches on the high; but these things they heed no more than they heed the dirt and noise and squalor about them--it is out of this material that they have to build their lives, with it that they have to utter their souls.
The word suited the author's purpose in two material respects, for, first, it had an ancient English sound; and secondly, it conveyed no indication whatever of the nature of the story.
asked the two impostors, and they pointed to and described the splendid material which was not there.
The inference from it is, that a man acting in the capacity of chief magistrate, under a consciousness that in a very short time he MUST lay down his office, will be apt to feel himself too little interested in it to hazard any material censure or perplexity, from the independent exertion of his powers, or from encountering the ill-humors, however transient, which may happen to prevail, either in a considerable part of the society itself, or even in a predominant faction in the legislative body.
A second and more practical, but less systematic, form of this Socialism sought to depreciate every revolutionary movement in the eyes of the working class, by showing that no mere political reform, but only a change in the material conditions of existence, in economic relations, could be of any advantage to them.
Bring war material with you from home, but forage on the enemy.
For instance, a certain point of grammatical knowledge is present in the mind, but is not predicable of any subject; or again, a certain whiteness may be present in the body (for colour requires a material basis), yet it is never predicable of anything.