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Impairment Loss
A reduction in the book value of an asset when its market value falls below its carrying amount on the balance sheet.
Straight Line Amortization
An approach to systematically allocate the cost of an intangible asset throughout its period of usefulness.
Fair Value Enterprise
An approach to valuing a company based on the current price at which its assets or services could be sold or settled between knowledgeable, willing parties in an arm's length transaction.
Non-Controlling Interest
The portion of equity interest in a subsidiary not owned by the parent company, reflecting the minority shareholders' share of the subsidiary's net assets and profits.
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