I see. Thanks. That’s consistent with how dictionaries like Merriam-Webster define it. E.g. see -
http://www.merriam-webster.com/dictionary/physically
In this sense physical means having a material existence. The problem with this is things like time, distance, magnitude, rotation, energy, temperature etc. while not being physical are still widely used concepts. So it really makes no difference in physics whether you think of them as immaterial or not. Just make sure that it’s not confused with a phenomena that exists, such as time.