May 16, 2025 · Impairment is a substantial, unexpected decline in an asset's recoverable value that requires immediate recognition in financial statements. This applies when an asset's ability to …

The meaning of IMPAIRMENT is the act of impairing something or the state or condition of being impaired : diminishment or loss of function or ability. How to use impairment in a sentence.

2 days ago · What Is Impairment of Assets? Definition, Tests, and Impact Learn what asset impairment means, when companies must test for it, and how an impairment loss flows through the financials …

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

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

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

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.

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 …

to damage, weaken or make less good.

The result of being impaired; a deterioration or weakening; a disability or handicap; an inefficient part or factor. (accounting) A downward revaluation, a write-down.