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| This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition. |
An Impairment Charge is incurred when the fair value of a company's goodwill is greater than the recorded value. If the fair value of goodwill is greater than the recorded value, a company's goodwill is said to be "impaired" and the difference (between the fair value and recorded value) must be charged off as an expense.



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