1
general::
A very urgent issue, situation, or circumstance. This expression can be used either literally, as in She told the doctor to hurry as it was a matter of life and death, or hyperbolically, as in Don't worry about finishing on time? it's hardly a matter of life and death. First recorded in 1849, it alludes to such urgency that someone's life depends on it. Although a matter of life or death would make more sense, it is rarely put that way.
American Heritage Idioms