L3VLUP

Impairment

A write-down recorded when an asset’s carrying value exceeds its recoverable value. Goodwill impairments are closely watched as an admission that an acquisition underperformed the price paid.

Where Impairment comes up

Keep reading

IB technical questions guide

Related Accounting terms

Go further than reading

The written material is free. These are the ways to get it applied to your own work.

Browse the full glossary — 340 finance recruiting and technical terms, in plain English.