goodwill — The favor which the management of a business wins from the public. The favorable consideration shown by the purchasing public to goods or services known to emanate from a particular source. White Tower System v. White Castle System of Eating… … Black's law dictionary
goodwill — The favor which the management of a business wins from the public. The favorable consideration shown by the purchasing public to goods or services known to emanate from a particular source. White Tower System v. White Castle System of Eating… … Black's law dictionary
goodwill — good·will / gu̇d ˌwil/ n 1: an intangible asset that is made up of the favor or prestige which a business has acquired beyond the mere value of what it sells due to the personality or experience of those conducting it, their reputation for skill… … Law dictionary
Goodwill (accounting) — Goodwill is an accounting term used to reflect the portion of the book value of a business entity not directly attributable to its assets and liabilities; it normally arises only in case of an acquisition. It reflects the ability of the entity to … Wikipedia
goodwill — the excess price asked for the sale of a business over the value of its physical assets; an intangible asset, the price of which represents a payment for the existing client base and future profits. Glossary of Business Terms Excess of purchase… … Financial and business terms
Goodwill — Excess of the purchase price over the fair market value of the net assets acquired under purchase accounting. The New York Times Financial Glossary * * * goodwill good‧will [gʊdˈwɪl] noun [uncountable] ACCOUNTING the value that a business has in… … Financial and business terms
goodwill — noun Date: before 12th century 1. a. a kindly feeling of approval and support ; benevolent interest or concern b. (1) the favor or advantage that a business has acquired especially through its brands and its good reputation (2) the value of… … New Collegiate Dictionary
goodwill — 1. In an *acquisition, the excess of the Consideration paid by an acquiring company over the *fair value of acquired *net assets. Contrast *negative goodwill. 2. The value of an organization’s reputation and *brands that allow it to generate… … Auditor's dictionary
consolidated goodwill — The difference between the fair value of the consideration given by an acquiring company when buying a business and the aggregate of the fair values of the separable net assets acquired. Goodwill is generally a positive amount. Under Financial… … Accounting dictionary
consolidated goodwill — The difference between the fair value of the consideration given by an acquiring company when buying a business and the aggregate of the fair values of the separable net assets acquired. Goodwill is generally a positive amount. Under Financial… … Big dictionary of business and management
purchased goodwill — Goodwill acquired when an entity is purchased as opposed to that which has been internally generated. Positive goodwill arises where the purchase cost exceeds the aggregate fair values of the identifiable assets and liabilities. More details are… … Accounting dictionary
