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.



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Dictionary Definition



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https://payrollheaven.com/define/impairment-test/
Modern Language Association (MLA):
Impairment Test. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 22, 2019 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 22, 2019).
American Psychological Association (APA):
Impairment Test. PayrollHeaven.com. Retrieved July 22, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/impairment-test/

Definition Sources


Definitions for Impairment Test are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

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