Materiality Meaning in English

word

US

UK

Definition

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

Usage & Nuances

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'.

• Spanish: materialidad - importancia (financieramente significativa)
• Portuguese (BR): materialidade - relevância (financeira, jurídica)
• Portuguese (PT): materialidade - relevância (financeira, legal)
• Chinese (Simplified): 重大性 - 重要性（财务/法律语境）
• Chinese (Traditional): 重大性 - 重要性（財務/法律語境）
• Hindi: भौतिकता - महत्त्व (आर्थिक या कानूनी संदर्भ में)
• Arabic: الأهمية الجوهرية - الأهمية (في السياق المالي أو القانوني)
• Bengali: গুরত্ব - প্রাসঙ্গিকতা
• Russian: существенность - материальность (в значении важности)
• Japanese: 重要性
• Vietnamese: tính trọng yếu - tính quan trọng
• Korean: 중요성
• Turkish: önemlilik
• Urdu: اہمیت
• Indonesian: materialitas - tingkat kepentingan

Example Sentences

The accountant explained the materiality of the error.

basic

We must consider the materiality of this information before reporting.

basic

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.

basic