Impairment
/ɪmˈpɛərmənt/
Definitions
- (n.) The state or fact of being diminished, weakened, or damaged in function or quality.
The court assessed the impairment of the defendant's cognitive abilities.
- (n.) A reduction in the value of an asset as recognized in accounting and law.
The company recorded an impairment of its goodwill in the financial statements.
Forms
- impairments
Related terms
See also
Commentary
In legal contexts, impairment often denotes a measurable reduction in capacity or value, important in both personal injury and property asset assessments.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.