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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.


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 periodicals archive ?
Any material passing through the affected zone is potentially vulnerable to degradation.
each raw material shall have a "specification sheet" detailing key material characteristics, product form, packaging form and any other specific requirements;
As long as there is a clear path for the material handler to move along, an electric-powered crawler material handler can be used.
Huang's silicon-containing material is riddled with pores just 50 nm in diameter.
From time to time, materials and materiality are of little overt importance in architecture.
For a maxillary tray, it is recommended that the material be loaded from the posterior area of the tray.
Wave and current actions break down rock and mineral formations along shores of seas and lakes, transporting this material and depositing it as beaches or undersea sediment.
Descriptive--describing the content, indexing the material, etc.
There's tremendous potential for recovered wallboard to be recycled into new product, but, unfortunately, the raw material is still dirt cheap," Turley says.
Subsequent operations must completely remove the damaged material.
Slit edge quality is variable and depends on the material being slit, blade edge profile, blade edge finish, and anvil smoothness.