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goodwill

One entry found.

Main Entry: good·will
Pronunciation: \ˌgd-ˈwil\
Function: 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 projected earnings increases of a business especially as part of its purchase price (3) : the excess of the purchase price of a company over its book value which represents the value of goodwill as an intangible asset for accounting purposes
2 a : cheerful consent b : willing effort

good·willed \-ˈwild\ adjective


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