Mar 16, 2026 · In finance, impairment refers to the process of adjusting an asset's book value due to a significant reduction in its fair market value, ensuring that its recorded value does not exceed what it...

Testing nonfinancial assets for impairment can be challenging – made more so by the need to navigate different impairment models. Using Q&As and examples, this guide explains in depth the impairment …

IMPAIRMENT definition: the state of being diminished, weakened, or damaged, especially mentally or physically. See examples of impairment used in a sentence.

IMPAIRMENT meaning: 1. the act of spoiling something or making it weaker so that it is less effective 2. deterioration…. Learn more.

An impairment is a condition in which a part of a person's mind or body is damaged or is not working properly. A person with a disability is defined as a person who has a physical or mental impairment …

An impairment makes some things difficult to do. An eye injury can be an impairment to seeing. An impairment can also be any change for the worse.

Apr 1, 2026 · Learn how US GAAP impairment testing works for long-lived assets, goodwill, and intangibles — from triggering events to measuring and recording the loss.

to damage, weaken or make less good.

Definition of impairment noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.

• The changes resulted in an impairment of the firm's ability to borrow money. • Most measures of morbidity which assess functional impairment, of which sickness absence is one, are influenced by …