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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.
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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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Atlas Material Testing Technology, Fundamentals of Weathering Level II, Chicago, IL, 14.
(LTI) is an independent, accredited material testing and metrology laboratory in business since 1984.
Atlas Material Testing Technology, Fundamentals of Weathering Level I, Chicago, IL, 13.
Major end-user OEMs, especially in the automotive industry, are now demanding greater comparability and consistency in material testing data in order to do business in international markets.
Atlas Material Testing Technology LLC Circle 66 on card
Atlas Material Testing Technology Circle 90 on card
Also covered are sample preparation, specimen shapes, dimensions and cutting dies, dimension measurement, material testing machines, servohydraulic testing machines, pendulum impact testers, rebound resilience testers, abrasion testers, hardness testers and melt flow plastometers.