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significance

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Significance is defined as the importance or meaning of something.

(noun)

An example of significance is loving an old watch because it was your father’s.

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See significance in Webster's New World College Dictionary

noun

that which is signified; meaning
the quality of being significant; suggestiveness; expressiveness
importance; consequence; moment

Origin: LME < L significantia < significans: see significant

Also significancy

See significance in American Heritage Dictionary 4

noun

The state or quality of being significant. See Synonyms at importance.
A meaning that is expressed.
A covert or implied meaning. See Synonyms at meaning.

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