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1.
a adjective used to describe someone who relies on objects to bring them happiness.
based on the 1980s song 'Material Girl' by Madonna

alternative adjective: materialistic
guy 1: so i bought this really hot car.. it'll keep me happy for a week or so.
guy 2: dude you're so material .
by Flash Ash February 19, 2006
 
2.
Something people use to help them come down faster when they're masturbating.
Almost always porn or sexually related things.
'I can't masturbate without material anymore because pornography has ruined my imagination".
by dislikement February 15, 2007
 
3.
noun, always capitalized.
fodder for writing or gossip, as in when someone does something so stupid/upsetting/wonderful, you can't wait to write/blog/twitter about it.
Pia: I can't believe your boyfriend dumped you for your best friend! What are you going to do?
Zadora: Turn him into Material.

or

Roberto: Did you see that? I can't believe he stood up on the chair and made a spectacle of himself in front of a live television audience!
Benigni: Material.
by bob beeflips August 23, 2009