Top definition
To physically harm a person with whom you have a disagreement; to seriously mess someone up so bad that they need to write off their assets; Other forms of word include: impair his/her assets, assets were impaired, FAS 144, etc. See Financial Accounting Standards - FAS 144 for more information.
If she doesn't keep her hands off my boyfriend, I'm going to give her some serious asset impairments.

If he doesn't shut up, I'll be forced to impair his assets.

I made her so mad that she FAS 144ed me!! Now I've got some material asset impairment!

by CPAchic April 24, 2008
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