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- DictionaryGood·will/ˌɡo͝odˈwil/
noun
- 1. friendly, helpful, or cooperative feelings or attitude: "the plan is dependent on goodwill between the two sides"
- 2. the established reputation of a business regarded as a quantifiable asset, e.g., as represented by the excess of the price paid at a takeover for a company over its fair market value.
The meaning of GOODWILL is a kindly feeling of approval and support : benevolent interest or concern. How to use goodwill in a sentence.
Jan 28, 2024 · Specifically, a goodwill definition is the portion of the purchase price that is higher than the sum of the net fair value of all of the assets purchased in the acquisition...
GOODWILL definition: 1. friendly and helpful feelings: 2. part of a company's value that includes things that cannot be…. Learn more.
noun. friendly disposition; benevolence; kindness. Synonyms: friendliness. cheerful acquiescence or consent. Commerce. an intangible, saleable asset arising from the reputation of a business and its relations with its customers, distinct from the value of its stock and other tangible assets. goodwill. / ˌɡʊdˈwɪl / noun.
Goodwill Meaning in Accounting. Goodwill arises when a company acquires another entire business. The amount of goodwill is the cost to purchase the business minus the fair market value of the tangible assets, the intangible assets that can be identified, and the liabilities obtained in the purchase.
Goodwill is an intangible asset that represents the value of a company’s reputation, customer loyalty, and overall brand image. It is the premium a buyer is willing to pay above the fair market value of a company’s net assets during an acquisition.
Definitions of goodwill. noun. a disposition to kindness and compassion. synonyms: good will, grace. see more. noun. the friendly hope that something will succeed. synonyms: good will. see more. noun. (accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
3 days ago · 1. uncountable noun. Goodwill is a friendly or helpful attitude towards other people, countries, or organizations. I invited them to dinner, a gesture of goodwill. They depend on the goodwill of visitors to pick up rubbish. Synonyms: friendliness, favour, friendship, benevolence More Synonyms of goodwill. 2. uncountable noun.
the good relationship between a business and its customers that is calculated as part of its value when it is sold. Definition of goodwill noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
GOODWILL meaning: 1 : a kind, helpful, or friendly feeling or attitude often used before another noun; 2 : the amount of value that a company's good reputation adds to its overall value.
