Define: Impairment Test

UK Accounting Glossary

Definition: Impairment Test

Quick Summary of Impairment Test

Test that the business can expect to recover the carrying value of the intangible asset, through either using it or selling.

What is the dictionary definition of Impairment Test?

Dictionary Definition

Full Definition of Impairment Test

Impairment Test FAQ's

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Impairment Test. Payroll & Accounting Heaven Ltd. July 22, 2019
Chicago Manual of Style (CMS):
Impairment Test. Payroll & Accounting Heaven Ltd. (accessed: July 22, 2019).
American Psychological Association (APA):
Impairment Test. Retrieved July 22, 2019, from website:

Definition Sources

Definitions for Impairment Test are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December 2018.