material

(redirected from materially)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.
Related to materially: unduly

Material

Important; affecting the merits of a case; causing a particular course of action; significant; substantial. A description of the quality of evidence that possesses such substantial Probative value as to establish the truth or falsity of a point in issue in a lawsuit.

A material fact is an occurrence, event, or information that is sufficiently significant to influence an individual into acting in a certain way, such as entering into a contract. In formal court procedures, a material fact is anything needed to prove one party's case, or tending to establish a point that is crucial to a person's position.

A material issue is a question that is in dispute between two parties involved in litigation, and that must be answered in order for the conflict to be resolved.

A material witness is a person whose testimony is a necessary element of a lawsuit. An individual who is considered a material witness can be compelled to appear in court and provide testimony. In the event that the person's safety is endangered as a result of his or her planned or actual testimony, he or she may be given legal protection or held in Protective Custody.

material

adj. 1) relevant and significant in a lawsuit, as in "material evidence" as distinguished from totally irrelevant or of such minor importance that the court will either ignore it, rule it immaterial if objected to, or not allow lengthy testimony upon such a matter. 2) "material breach" of a contract is a valid excuse by the other party not to perform. However, an insignificant divergence from the terms of the contract is not a material breach.

material

(Important), adjective basic, capital, central, compelling, consequential, considerable, crucial, decisive, effective, essential, extensive, fundamental, indispensable, influential, key, leading, main, major, memorable, momentous, necessary, paramount, pertinent, pivotal, prevalent, primary, principal, relevant, remarkable, salient, signal, significant, substantial, valuable, vital, weighty, worth considering
Associated concepts: material allegation, material alteration, material amendment, material change in circumstances, material defect, material defendant, material departure from the truth, material error, material evidence, material fact, material false representation, material misrepresentaaion, material witness

material

(Physical), adjective actual, bodily, corporeal, corporeus, de facto, earthly, mundane, nonspiritual, palpable, real, secular, solid, substantial, tactile, tangible, temporal, unspiritual, worldly
Associated concepts: material furnished
See also: appreciable, article, basic, bodily, cardinal, concrete, considerable, corporal, corporeal, critical, crucial, equipment, essential, expedient, important, major, momentous, mundane, noteworthy, objective, paraphernalia, pertinent, physical, relative, relevant, resource, subject, substance, substantive, tangible, virtual
References in periodicals archive ?
If a $100 misstatement of XYZ's pretax income is considered material, is 1990 pretax income materially misstated?
162-4 provides that the "cost of incidental repairs which neither materially add to the value of the property nor appreciably prolong its life, but keep it in an ordinarily efficient operating condition, may be deducted as an expense.
In Gregg, 11/29/00, an Oregon district court treated the taxpayer, the founding member of a limited liability company (LLC), as materially participating in its business for Sec.
This replacement materially added to the airframe's value.
These rules modify the general definition of passive activities and provide that rental activities are not treated as passive for a real estate professional if he materially participates in the activity.
Some of the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements are general economic conditions, failure to achieve expected revenue growth, changes in our operating expenses, adverse patent rulings, FDA or legal developments, competitive pressures, changes in customer and market requirements and standards, and the risk factors detailed from time to time in Milestone's periodic filings with the Securities and Exchange Commission, including without limitation, Milestone's Annual Report on Form 10-KSB for the year ended December 31, 2006.
They must perform over 750 hours of personal services in real property trades or businesses in which they materially participate; and
Such forward looking statements are subject to risks and uncertainties that could cause actual results to be materially different from historical results or from any results expressed or implied by such forward looking statements.
In general, qualifying taxpayers are those who spend more than 750 hours per year and more than half their working hours in real property trades or businesses in which they materially participate.
These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
A passive activity is any activity in which the taxpayer does not materially participate.
For an exchange of property to qualify as a disposition, the property received must differ materially either in kind or extent from the property that was transferred (Regs.