How to Pronounce "materiality"
word
məˌtɪɹiˈæɫɪti
muh-TEER-ee-AL-ih-tee
mətˈiəɹɪˈælɪti
muh-TEE-uh-ri-AL-ih-tee
Definition
Materiality refers to how important or significant something is, especially whether it could affect a decision, such as in accounting, law, or auditing.
IPA Transcription
American English
məˌtɪɹiˈæɫɪti
British English
mətˈiəɹɪˈælɪti
Simplified Pronunciation
US
muh-TEER-ee-AL-ih-tee
UK
muh-TEE-uh-ri-AL-ih-tee
Listen in Context
The accountant explained the materiality of the error.
We must consider the materiality of this information before reporting.
Auditors review the materiality of every financial statement.
If the discrepancy is small, its materiality might be negligible.