Finance & Corporate Jargon · Managing Director level

"Material"

"Material" means significant enough to matter, particularly in a financial, legal, or reporting context where the size or impact of something affects a decision.

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How "Material" shows up at work

Finance and legal teams use this word with precision; everyone else uses it to make something sound bigger than it might be. When a VP calls a change "not material," they are often saying it will not show up in earnings, which is its own kind of reassurance.

Buzzword

The Q2 revision was not material enough to trigger a restatement.

Plain English

The Q2 revision was not significant enough to require a restatement.

Corporate Rank: Managing Director · Category: Finance & Corporate Jargon

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