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.
materiality is in the Corporate, Commercial, & General Law subject.
materiality appears in the definitions of the following terms: accounting concepts and material
This content can be found on the following page:
http://www.businessdictionary.com/definition/materiality.html
email to a friend
print this definition
cite this definition
link to this page
