materiality

n. material nature or quality; physicalness; corporeality; something material

For the term in architecture, see materiality (architecture).Materiality is a concept or convention within auditing and accounting relating to the importance of an amount, transaction, or discrepancy. The objective of an audit of financial statements is to enable the auditor to express an opinion whether the financial statements are prepared, in all material respects, in conformity with an identified financial reporting framework such as Generally Accepted Accounting Principles (GAAP). The assessment of what is material is a matter of professional judgment.
See more at Wikipedia.org...

Noun
1. relevance requiring careful consideration
(antonym) immateriality
(hypernym) relevance, relevancy
2. the quality of being physical; consisting of matter
(synonym) physicalness, corporeality
(antonym) immateriality, incorporeality
(hypernym) quality
(hyponym) concreteness
(attribute) material

(n.)
The quality or state of being material; material existence; corporeity.
  

(n.)
Importance; as, the materiality of facts.
  

The importance of an event or information in influencing a company's stock price.