Open Beta: Free Premium Access! We'd love your feedback.
Try App Now

What does Impairment Loss mean?

A recognized reduction in the carrying amount of an asset that is not expected to be recovered.

Impairment Loss in a sentence
The company recognized an impairment loss on its outdated equipment.

Impairment Loss in German, French, Spanish and Italian

German
Wertminderungsaufwand

Wertminderung eines Vermögenswertes unter seinen Buchwert.

French
perte de valeur

Perte de valeur comptable d'un actif jugée irréversible.

Spanish
pérdida por deterioro

Pérdida que se registra cuando un activo vale menos de lo que indica el balance.

Italian
perdita di valore

Riduzione di valore di un'attività oltre l'ammortamento ordinario.

Synonyms and opposites for Impairment Loss

  • Synonym Value write-down

More Accounting terms

All accounting terms →

Impairment Loss is filed under