- 1. A *long-term *depreciation in the *value of an asset. 2. *Long-term physical damage to an asset.
Auditor's dictionary. 2014.
Auditor's dictionary. 2014.
impairment — I (damage) noun detriment, disrepair, harm, hurt, injury, loss associated concepts: impairment of vision II (drawback) noun detriment, disadvantage, inability, liability, limitation associated concepts: impairment of funds, impairment of security … Law dictionary
impairment — UK US /ɪmˈpeəmənt/ noun [U] ► ACCOUNTING a situation in which the value of an asset is recorded as being greater than the amount of money that it could be sold for: »CPAs should test for impairment when the market price of a long lived asset… … Financial and business terms
Impairment — Im*pair ment, n. [OE. enpeirement, OF. empirement.] The state, act, or process of being impaired; injury. The impairment of my health. Dryden. [1913 Webster] … The Collaborative International Dictionary of English
Impairment — may refer to:* A disability * In accounting, a downward revaluation of fixed assets * In physical therapy it is any loss or abnormality of physiological, psychological, or anatomical structure of function, whether permanent or temporary … Wikipedia
impairment — when a plan of reorganization alters the contractual rights of a class of holders of claims, that class is deemed to be impaired. A class that is unimpaired is deemed to automatically accept a plan of reorganization (Glossary of Common Bankruptcy … Glossary of Bankruptcy
impairment — (n.) mid 14c., emparement, from O.Fr. empeirement, from empeirier (see IMPAIR (Cf. impair)). Re Latinized spelling is from 1610s … Etymology dictionary
impairment — UK [ɪmˈpeə(r)mənt] / US [ɪmˈpermənt] noun [countable/uncountable] Word forms impairment : singular impairment plural impairments the fact that a part of your body is unable to do something fully a hearing impairment … English dictionary
impairment — noun 1. the occurrence of a change for the worse (Freq. 1) • Syn: ↑damage, ↑harm • Derivationally related forms: ↑impair, ↑harm (for: ↑harm), ↑ … Useful english dictionary
Impairment — 1. A reduction in a company s stated capital. 2. The total capital that is less than the par value of the company s capital stock. 1. This is usually reduced because of poorly estimated losses or gains. 2. Impairment can be used in many contexts … Investment dictionary
impairment — n. (a) hearing; memory; mental; physical; speech; visual impairment * * * [ɪm peəmənt] memory mental physical speech visual impairment (a) hearing … Combinatory dictionary
impairment — [[t]ɪmpe͟ə(r)mənt[/t]] impairments N VAR: usu with supp If someone has an impairment, they have a condition which prevents their eyes, ears, or brain from working properly. He has a visual impairment in the right eye … English dictionary