Materiality
Pronunciation: /məˌtɪriːˈælɪtiː/
Materiality (noun)
- The quality of being important enough to affect a decision, result, or judgement.
- The fact of being made of matter; the physical substance something is formed from.
- In accounts, the level at which an error or missing item could change what users think.
Examples
- The materiality of the issue changed the final decision.
- Materiality matters when you choose the best option.