goodwill

good·will

also good will G0194500 (go͝od′wĭl′)n.1. An attitude of kindness or friendliness; benevolence.2. Cheerful acquiescence or willingness.3. A good relationship, as of a business with its customers or a nation with other nations.4. The positive reputation of a business and its likely continued patronage by clients, considered as part of its market value.

goodwill

(ˌɡʊdˈwɪl) n1. a feeling of benevolence, approval, and kindly interest2. (modifier) resulting from, showing, or designed to show goodwill: the government sent a goodwill mission to Moscow. 3. willingness or acquiescence4. (Accounting & Book-keeping) accounting an intangible asset taken into account in assessing the value of an enterprise and reflecting its commercial reputation, customer connections, etc

good′will′

or good′ will′,

n. 1. friendly disposition; kindly regard; benevolence. 2. cheerful acquiescence or consent. 3. an intangible, salable asset arising from the reputation of a business and its relations with its customers. [before 900]

Thesaurus

Noun	1.	goodwill - (accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)good willaccounting - a system that provides quantitative information about financesintangible, intangible asset - assets that are saleable though not material or physical
	2.	goodwill - the friendly hope that something will succeedgood willfriendliness - a feeling of liking for another person; enjoyment in their company
	3.	goodwill - a disposition to kindness and compassion; "the victor's grace in treating the vanquished"good will, gracegood nature - a cheerful, obliging disposition

goodwill

noun friendliness, favour, friendship, benevolence, amity, kindliness I invited them to dinner as a gesture of goodwill.

goodwill

also good will
nounKindly, charitable interest in others:altruism, beneficence, benevolence, benignancy, benignity, charitableness, charity, grace, kindheartedness, kindliness, kindness, philanthropy.

Translations

good

(gud) – comparative better (ˈbetə) : superlative best (best) – adjective1. well-behaved; not causing trouble etc. Be good!; She's a good baby.乖的2. correct, desirable etc. She was a good wife; good manners; good English.完美的3. of high quality. good food/literature; His singing is very good.优质的4. skilful; able to do something well. a good doctor; good at tennis; good with children. 有本事的，擅长于 5. kind. You've been very good to him; a good father.和善的6. helpful; beneficial. Exercise is good for you.; Cheese is good for you.有益的7. pleased, happy etc. I'm in a good mood today.愉快的8. pleasant; enjoyable. to read a good book; Ice-cream is good to eat.令人快乐的9. considerable; enough. a good salary; She talked a good deal of nonsense. 足够的，充分的 10. suitable. a good man for the job.合适的11. sound, fit. good health; good eyesight; a car in good condition. 良好的，健康的，强健的 12. sensible. Can you think of one good reason for doing that?合理的13. showing approval. We've had very good reports about you. 赞赏的，赞许的 14. thorough. a good clean.彻底的15. healthy or in a positive mood. I don't feel very good this morning.健康的 noun1. advantage or benefit. He worked for the good of the poor; for your own good; What's the good of a broken-down car? 利�� 2. goodness. I always try to see the good in people.优良品德 interjection an expression of approval, gladness etc. 好！ˈgoodness noun the state of being good. 善良 interjection (also my goodness) an expression of surprise etc. 天啊！goods noun plural1. objects etc for sale, products. leather goods.商品2. articles sent by rail, not road, sea or air. This station is for passengers and goods; (also adjective) a goods train/station. 货物（用火车装运的） ˈgoody – plural ˈgoodies – noun (usually in plural) any food (eg cake, ice-cream) which is particularly enjoyable to eat. the goodies at a children's party.好吃的东西goodˈbye (-ˈbai) interjection, noun an expression used when leaving someone. Goodbye – it was good of you to visit us; sad goodbyes.再见good-day, good eveninggood morninggood-for-ˈnothing adjective, noun (a person who is) useless or lazy. That boy's a lazy good-for-nothing (rascal).无用的人good humour , (American) good humor kindliness and cheerfulness. 亲切，好心情 good-ˈhumoured , (American) good-humored adjectivea good-humoured smile.愉快的good-ˈhumouredly , (American) good-humoredly adverb愉快地good-ˈlooking adjective handsome; attractive. a good-looking girl; He is very good-looking.漂亮的good morning, good afternoon, good-ˈday, good evening, good night interjection, nouns words used (depending on the time of day) when meeting or leaving someone. Good morning, Mrs Brown; Good night, everyone – I'm going to bed. 您好！（根据一天里不同的时间在见面或告别时使用） good-ˈnatured adjective pleasant; not easily made angry. a good-natured fellow.脾气好的ˌgoodˈwill, good will noun1. the good reputation and trade with customers that a business firm has. We are selling the goodwill along with the shop. 商誉，信誉 2. friendliness. He has always shown a good deal of goodwill towards us.友好good works noun plural acts of charity. He is known throughout the city for his good works.慈善事业as good as almost. The job's as good as done.实际上等于be as good as one's word to keep one's promises. 守约be up to no good to be doing something wrong. I'm sure he's up to no good.做坏事deliver the goods to do what one has promised to do. 履行诺言for good (sometimes for good and all) permanently. He's not going to France for a holiday – he's going for good.永久地for goodness' sake an expression of annoyance. For goodness' sake, will you stop that noise!看在老天爷面上！good for1. certain to last. These houses are good for another hundred years at least.能持续2. certain to pay (a sum of money). He's good for $50.有能力支付3. certain to cause. That story is always good for a laugh.可以引起good for you/him etc an expression of approval. You've passed your exam – good for you! （表示赞许）恭喜你！，干得不错！，真是件好事！ Good Friday (ˌgud ˈfraidi) noun the Friday before Easter commemorating the crucifixion of Christ. 耶稣受难日good gracious, good heavens expressions of surprise. （表示惊讶）天哪！ goodness gracious, goodness me expressions of surprise. （表示惊讶）啊呀！ good old an expression used to show approval etc. Good old Fred! I knew he would help us out. （表示赞同）好的！ make good1. to be successful. Through hard work and ability, he soon made good.成功2. to repair or compensate for (loss, damages etc). The damage you caused to my car must be made good.赔偿no good useless; pointless. It's no good crying for help – no-one will hear you; This penknife is no good – the blades are blunt.毫无用处put in a good word for to praise or recommend. Put in a good word for me when you see the boss.为某人说好话take (something) in good part not to be upset, offended or annoyed (eg by a joke, remark etc). John took the jokes about his accident with the pot of paint all in good part.不因...见怪thank goodness an expression used to show that a person is glad that something is all right. Thank goodness it isn't raining.谢天谢地to the good richer. After buying and selling some of these paintings, we finished up $500 to the good.净赚

goodwill

Goodwill

Excess of purchase price over fair market value of net assets acquired under the purchase method of accounting.

Goodwill

Intangible assets relating to a company's business practices. Goodwill includes assets with value that are exceptionally difficult to quantify. Examples include brand recognition, customer loyalty, and employee happiness. Goodwill helps a company remain competitive in the long term, even if the company does not produce the best product. For example, a customer will be more likely to buy peanut butter from one company and pay more for it, if he/she thinks the company produces better-tasting peanut butter, regardless of whether or not this is the case. When a company buys another company, it will often pay above the target company's book value to account for goodwill.

goodwill

1. The amount above the fair net book value (adjusted for assumed debt) paid for an acquisition. Goodwill appears as an asset on the balance sheet of the acquiring firm and must be reduced in the event the value is impaired.2. The discounted value of a larger-than-normal return on tangible assets. A business may build goodwill over time as loyalty builds among its customer base.Case Study The Financial Accounting Standards Board (FASB), the body charged with establishing generally accepted accounting standards, in 2001 changed the method by which companies account for goodwill. Goodwill is posted as an asset to a firm's balance sheet when the firm makes an acquisition for above net asset value. In other words, goodwill is created when a firm pays more than the accounting value of a firm's assets adjusted for its debts. Huge amounts of goodwill were created in the late 1990s and early 2000s when the merger and acquisition business was progressing at full steam. Prior to 2002 companies were required to write down, or deduct, a prescribed amount of goodwill each accounting period. Thus, firms that engaged in major acquisitions at high prices posted large amounts of goodwill that had to be written off over a period of years. Goodwill writeoffs increase expenses and reduce reported earnings to shareholders. Prior to the change in accounting standards, companies were required to amortize goodwill regardless of how much the acquired assets were actually worth. Under the new standard imposed by the FASB in 2001 goodwill does not have to be reduced in value until it is determined the acquisition that created goodwill is no longer worth the purchase price. This change was expected to result in substantially higher reported earnings for companies with large amounts of goodwill on their balance sheets. For example, AOL Time Warner had $127 billion in goodwill on its balance sheet at the time of the change and was expecting to report substantially higher earnings because of the change in standards. On the downside, the firm announced in March 2001 it would incur record charges of $54 billion in goodwill impairment in the first quarter.

goodwill

the difference at a particular time between the STOCK MARKET valuation of a FIRM and the sum of its NET ASSETS recorded in a BALANCE SHEET. If another firm wishes to acquire this firm, goodwill represents the premium which the buyer must be prepared to pay for the firm over and above its asset value, because of the firm's trade contacts, reputation, established BRAND names, management expertise and general ‘know-how’. Where a firm has a poor trading record its market value as a going concern to a potential buyer may be less than the balance sheet value of its assets, in which case goodwill is negative.

Goodwill is an intangible FIXED ASSET and may be shown in a company's balance sheet. However, many companies write off the goodwill premium which they pay to acquire a new subsidiary company immediately against their current year's profits with the result that goodwill does not appear in their balance sheets.

goodwill

the difference at a particular point in time between the market valuation of a FIRM and the sum of its (net) ASSETS recorded in a BALANCE SHEET. If another firm wishes to acquire this firm, goodwill represents the premium that the buyer must be prepared to pay for the firm, over and above its asset value, because of the firm's trade contacts, reputation, BRAND names, management expertise and general ‘know-how’. Where a firm has a poor trading record, its market value as a going concern to a potential buyer may be less than the BALANCE SHEET's value of its assets, in which case goodwill is negative.

goodwill

An intangible asset consisting of the public esteem in which a business is held.When a business is sold, the difference between the value of the hard assets and the value of the income stream is often attributed to goodwill. One may not depreciate goodwill, but it can be amortized over 15 years because of its inclusion in the IRS definition of Section 197 intangibles.

Goodwill

Goodwill is the value of a trade or business based on expected continued customer patronage due to its name, reputation, or any other factor.

goodwill

good·will

goodwill

good′will′

or good′ will′,

goodwill

goodwill

good

goodwill

goodwill

goodwill

goodwill

Goodwill

Goodwill

goodwill

goodwill

goodwill

goodwill

Goodwill

goodwill

Synonyms for goodwill

noun friendliness

Synonyms

Synonyms for goodwill

noun kindly, charitable interest in others

Synonyms

Synonyms for goodwill

noun (accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)

Synonyms

Related Words

noun the friendly hope that something will succeed

Synonyms

Related Words

noun a disposition to kindness and compassion

Synonyms

Related Words