impairment

Definition

The amount by which stated capital is reduced by distributions and losses.

Use impairment in a sentence

You need to try and make sure that you limit any impairment that may be costly to your business as a whole.

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He suffered from hearing impairment, which made us all concerned about his future and where he would be if he didn't get help.

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When my company went bankrupt, it was later revealed that our CEO was not honest when reporting our financial numbers and had not accurately stated how much our working capital suffered from impairment.

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