Impairment Test

Business, Legal & 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.



Cite Term


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Page URL
https://payrollheaven.com/define/impairment-test/
Modern Language Association (MLA):
Impairment Test. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 04, 2020 https://payrollheaven.com/define/impairment-test/.
Chicago Manual of Style (CMS):
Impairment Test. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/impairment-test/ (accessed: July 04, 2020).
American Psychological Association (APA):
Impairment Test. PayrollHeaven.com. Retrieved July 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/impairment-test/

Definition Sources


Definitions for Impairment Test are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd December, 2018 | 5 Views.