Meaning of the word "be of consequence" in English

What does "be of consequence" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

be of consequence

US /bi əv ˈkɑnsɪkwəns/
UK /bi əv ˈkɒnsɪkwəns/

Idiom

to be important or significant

Example:
His opinion doesn't be of consequence to me.
The decision will be of great consequence for the future of the company.