What Does Impairment Mean in Accounting? With Examples 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
IMPAIRMENT Definition Meaning | Dictionary. com IMPAIRMENT definition: the state of being diminished, weakened, or damaged, especially mentally or physically See examples of impairment used in a sentence
impairment noun - Definition, pictures, pronunciation and usage notes . . . an injury, illness or condition that means that part of your body or brain does not work as it normally would or as it does in most people He drove in a state of serious impairment due to alcohol The drug is approved for mild cognitive impairment
IMPAIRMENT definition and meaning | Collins English Dictionary 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 that substantially limits one or more major life activities