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Materiality Meaning in English

word

Definición

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

Uso & Matices

Mainly used in formal, professional, and academic contexts, especially in fields like accounting, law, and auditing. 'Materiality' means the threshold at which information becomes important enough to influence decisions. Do not confuse with 'material' (physical substance). Common phrase: 'materiality threshold'.

Oraciones de Ejemplo

The accountant explained the materiality of the error.

basic

We must consider the materiality of this information before reporting.

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

natural

The lawyer questioned the materiality of the evidence presented.

natural

"What’s the materiality here? Is it really enough to change the outcome?"

natural

Auditors review the materiality of every financial statement.

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