Put in another way, if what you say is true for twenty years, tai chi is useless as a combat art. In that twenty years, the boxer can defend himself. And when that twenty years is up, the tai chi student can only defend himself against people who have worn-out bodies.
Definition - What does Environmental Impairment Liability Insurance (EIL) mean? Environmental impairment liability insurance (EIL) is insurance coverage for liabilities associated with environmental damage or pollution. Companies that may be at risk for losses associated with pollution often purchase these policies.
An impairment loss is the amount by which the carrying amount of an asset or cash-generating unit (CGU) exceeds its recoverable amount. The recoverable amount of an asset or a CGU is the higher of its fair value less costs to sell and its value in use.n impairment loss is the amount by which the carrying amount of an asset or cash-generating unit (CGU) exceeds its recoverable amount. The recoverable amount of an asset or a CGU is the higher of its fair value less costs to sell and its value in use.