Materially

Materially is an adverb that describes something that is significant, substantial, or important in its influence or effect. It implies a noticeable change or impact, often referring to a practical or tangible effect, such as in economics, business, or the physical world. It can also relate to information that is relevant and crucial, often in legal or ethical contexts. The word emphasizes a degree of significance beyond a trivial or negligible level, highlighting something that makes a real difference or holds true importance.

Materially meaning with examples

• The new trade agreement will materially impact the economy, potentially leading to significant job creation and increased investment, especially in the manufacturing and technology sectors. This boost could change business models.
• A sudden downturn in the stock market could materially affect their retirement savings, forcing them to adjust their spending plans and potentially delay their retirement date. This also includes financial markets.
• Failing to disclose relevant information could materially harm the legal proceedings. The witness, therefore, must be very careful to reveal anything important, and the jury needs this. It could impact the jury.
• The company's failure to invest in new technology materially weakened its competitive position in the global market, leading to a decline in sales and market share due to a lack of new methods. This is also a crucial element.
• Increased government funding for scientific research can materially improve our understanding of climate change, providing the necessary resources to develop innovative solutions and inform policy decisions with new scientific facts and evidence.