How to Pronounce "materiality"

word

Definition

Materiality refers to how important or significant something is, especially whether it could affect a decision, such as in accounting, law, or auditing.

Listen in Context

The accountant explained the materiality of the error.

We must consider the materiality of this information before reporting.

If the discrepancy is small, its materiality might be negligible.

The lawyer questioned the materiality of the evidence presented.