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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 ?
The co-operation will also extend outside semi-finished materials and into injection moulded products in Europe and the USA.
Under terms of the agreements, Phillips has given Tiszai Vegyi Kombinat and Fina Research, and purchasers and subsequent owners of polypropylene produced by these companies in Europe, the right to import into the United States polypropylene homopolymer, random copolymer and block copolymer, as well as finished and semi-finished materials fabricated from these polymers.