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Term of the Day
impaired asset
impact fee
asset impairment accounting
Definition
Asset
of a
company
that is
worth
less out in the
market
than is it
listed
for on the
balance sheet
of the company. By inflating the
asset's
value
, it will likely
result
in a
write-down
of that
same
asset
account
to the
price
that is stated out in the market.
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Nearby Terms
immunization
IMP
impact analysis
impact day
impact fee
impaired asset
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Popular 'Accounting' Terms
current ratio
equity
working capital
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revenue
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net profit
net worth
Related Terms
asset impairment accounting
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