goodwill

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good·will

also good will  (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)
n
1. a feeling of benevolence, approval, and kindly interest
2. (modifier) resulting from, showing, or designed to show goodwill: the government sent a goodwill mission to Moscow.
3. willingness or acquiescence
4. (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]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.goodwill - (accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
accounting - a system that provides quantitative information about finances
intangible, intangible asset - assets that are saleable though not material or physical
2.goodwill - the friendly hope that something will succeed
friendliness - 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 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
noun
Translations
dobrá vůlehodnota firmy
godt omdømmegoodwill
hyväntahtoisuus
jóhírnévüzleti jóhírnév
velvilji, góîvildviîskiptavild
dobra wolarenomażyczliwość
dostlukiyi niyet

goodwill

[ˈgʊdˈwɪl]
A. N
1.buena voluntad f
as a gesture of goodwillcomo muestra de buena voluntad
2. (Comm) → clientela f y renombre m comercial
B. CPD goodwill ambassador Nembajador(a) m/f de buena voluntad
goodwill mission Nmisión f de buena voluntad

goodwill

[ˌgʊdˈwɪl] n
[person] → bonne volonté f
a gesture of goodwill → un geste de bonne volonté
[business] → réputation f (auprès de la clientèle)goodwill ambassador nambassadeur/drice m/f de bonne volontégoodwill mission nvisite f d'amitié

goodwill

[ˌgʊdˈwɪl] nbuona volontà, buona fede f (Comm) → (valore m d')avviamento
as a gesture of goodwill → in segno di buona volontà
to gain sb's goodwill → ingraziarsi qn

good

(gud) comparative better (ˈbetə) : superlative best (best) adjective
1. well-behaved; not causing trouble etc. Be good!; She's a good baby.
2. correct, desirable etc. She was a good wife; good manners; good English.
3. of high quality. good food/literature; His singing is very good.
4. skilful; able to do something well. a good doctor; good at tennis; good with children.
5. kind. You've been very good to him; a good father.
6. helpful; beneficial. Exercise is good for you.; Cheese is good for you.
7. pleased, happy etc. I'm in a good mood today.
8. pleasant; enjoyable. to read a good book; Ice-cream is good to eat.
9. considerable; enough. a good salary; She talked a good deal of nonsense.
10. suitable. a good man for the job.
11. sound, fit. good health; good eyesight; a car in good condition.
12. sensible. Can you think of one good reason for doing that?
13. showing approval. We've had very good reports about you.
14. thorough. a good clean.
15. healthy or in a positive mood. I don't feel very good this morning.
noun
1. advantage or benefit. He worked for the good of the poor; for your own good; What's the good of a broken-down car?
2. goodness. I always try to see the good in people.
interjection
an expression of approval, gladness etc.
ˈgoodness noun
the state of being good.
interjection
(also my goodness) an expression of surprise etc.
goods noun plural
1. objects etc for sale, products. leather goods.
2. articles sent by rail, not road, sea or air. This station is for passengers and goods; (also adjective) a goods train/station.
ˈgoodyplural ˈgoodies noun
(usually in plural) any food (eg cake, ice-cream) which is particularly enjoyable to eat. the goodies at a children's party.
goodˈbye (-ˈbai) interjection, noun
an expression used when leaving someone. Goodbye – it was good of you to visit us; sad goodbyes.
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).
good humour , (American) good humor
kindliness and cheerfulness.
good-ˈhumoured , (American) good-humored adjective
a good-humoured smile.
good-ˈhumouredly , (American) good-humoredly adverb
good-ˈlooking adjective
handsome; attractive. a good-looking girl; He is very good-looking.
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.
good-ˈnatured adjective
pleasant; not easily made angry. a good-natured fellow.
ˌgoodˈwill, good will noun
1. the good reputation and trade with customers that a business firm has. We are selling the goodwill along with the shop.
2. friendliness. He has always shown a good deal of goodwill towards us.
good works noun plural
acts of charity. He is known throughout the city for his good works.
as good as
almost. The job's as good as done.
be as good as one's word
to keep one's promises.
be up to no good
to be doing something wrong. I'm sure he's up to no good.
deliver the goods
to do what one has promised to do.
for good (sometimes for good and all)
permanently. He's not going to France for a holiday – he's going for good.
for goodness' sake
an expression of annoyance. For goodness' sake, will you stop that noise!
good for
1. certain to last. These houses are good for another hundred years at least.
2. certain to pay (a sum of money). He's good for $50.
3. certain to cause. That story is always good for a laugh.
good for you/him etc
an expression of approval. You've passed your exam – good for you!
Good Friday (ˌgud ˈfraidi) noun
the Friday before Easter commemorating the crucifixion of Christ.
good gracious, good heavens
expressions of surprise.
goodness gracious, goodness me
expressions of surprise.
good old
an expression used to show approval etc. Good old Fred! I knew he would help us out.
make good
1. to be successful. Through hard work and ability, he soon made good.
2. to repair or compensate for (loss, damages etc). The damage you caused to my car must be made good.
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.
put in a good word for
to praise or recommend. Put in a good word for me when you see the boss.
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.
thank goodness
an expression used to show that a person is glad that something is all right. Thank goodness it isn't raining.
to the good
richer. After buying and selling some of these paintings, we finished up $500 to the good.
References in periodicals archive ?
In an economy in which we've recently started to see a significant boost in mergers and acquisitions activity, the Chancellor has, with effect from today, announced a measure to eliminate tax deductions that companies can currently enjoy on purchased goodwill.
Further, acquisitive entities can mask impairment of purchased goodwill, in some cases, with internally generated goodwill after the acquisition.
This requires that each acquirer and acquiree are recognized for an individual transaction, that an exercise of fair value is completed on the acquiree's assets and liabilities, and the balance sheet capitalization of the purchased goodwill arising from the transaction.
Because SFAS 142 (ASC 350-20) provided a more subjective approach to the valuation of goodwill, it raised two key questions: Did managers use the discretion afforded by the standard to write off large amounts of newly purchased goodwill shortly after its implementation?
For tax purposes such purchased goodwill is treated as Section 197 property and generates equal amortization deductions to recover the cost over 15 years.
These eliminations resulted in a sample of 166 potential firms with purchased goodwill details.
Under IFRS3, which supersedes IAS22, positive purchased goodwill is capitalised and carried as a permanent non-current intangible asset, subject to an annual impairment review in accordance with IAS36 (see "Accounting for goodwill", page 25).
This might also present the opportunity to take advantage of the tax treatment of purchased goodwill in the company from the previous business.
Various experts [Valdmanis, 2002] expect that such impairments will cause American companies to write off over a trillion dollars of purchased goodwill.
Traditionally, purchased goodwill was capitalized (either in the investment account or as a separate intangible) and amortized over a period not to exceed 40 years.
It is expected that in his April 17 Budget the Chancellor will announce a tax exemption for companies selling subsidiaries, and also offer tax relief for purchased goodwill and intellectual property.
This built-in--yet unrecognized--goodwill can and will absorb potential impairment losses on previously purchased goodwill.

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