Investment Glossary · Quick read · No ads
Asset Impairment
The short answer
A reduction in the recorded value of an asset when its carrying amount exceeds its recoverable value.
What is Asset Impairment?
A reduction in the recorded value of an asset when its carrying amount exceeds its recoverable value.
About this page. Written by Associate Professor Charles Lo, CPA, PhD. Checked against reliable sources before publication. No ads and no paywall. Editorial standards · How we fact check · Corrections log · Report an error
Educational information only. Nothing on this page is personal financial, tax or legal advice. Investing involves risk, including the possible loss of principal.
