Ias 38 – 2021 Issued ifrs standards (Part A)

transfer a liability in an orderly transaction between market participants at
the measurement date. (See IFRS 13 Fair Value Measurement.)
An impairment loss is the amount by which the carrying amount of an asset
exceeds its recoverable amount.
An intangible asset is an identifiable non-monetary asset without physical
substance.
Monetary assets are money held and assets to be received in fixed or
determinable amounts of money.
Research is original and planned investigation undertaken with the
prospect of gaining new scientific or technical knowledge and
understanding.
The residual value of an intangible asset is the estimated amount that an
entity would currently obtain from disposal of the asset, after deducting
the estimated costs of disposal, if the asset were already of the age and in