Definition of Material information:
Any information about a company or its products that is likely to change the perceived value of a security when it is disclosed to the public. Bankruptcy filings, a change in the board of directors (BOD), corporate officers or public accounting firm, changes in the companys fiscal year, and revisions to financial statements are all examples of material information. See Insider Trading; Material Insider Information; Rule FD.
Meaning of Material information & Material information Definition