materiality

adjective | \ mə-ˈtir-ē-əl \ | ma·te·ri·al

1. : of, relating to, or consisting of physical matter

2. : being of real importance or consequence

3. : being an essential component the material terms of the contract

4. : being relevant to a subject under consideration; specifically : being such as would affect or be taken into consideration by a reasonable person in acting or making a decision — see also insider trading : being such as would affect or be taken into consideration by a reasonable person in acting or making a decision — see also insider trading

noun

1. : something used for or made the object of consideration or study; specifically : evidence — see also brady material : evidence — see also brady material