materiality

  

Definition

Measure of the estimated effect that the presence or absence of an item of information may have on the accuracy or validity of a statement. Materiality is judged in terms of its inherent nature, impact (influence) value, use value, and the circumstances (context) in which it occurs. Opposite of triviality. See also material fact.

Use materiality in a sentence

  • Gravity, a magnetic field, the moon and an atmosphere are materiality necessary for all forms of life to exist on earth.

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  • There may be something lacking in the market and if you can figure out the materiality effect of that you can take advantage.

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  • You should try to figure out how the materiality may change things for a project and adjust in the right way.

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