What does Goodwill mean?

Definitions for Goodwill
good·will

This dictionary definitions page includes all the possible meanings, example usage and translations of the word Goodwill.

Princeton's WordNet

  1. good will, goodwillnoun

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

  2. good will, goodwillnoun

    the friendly hope that something will succeed

  3. grace, good will, goodwillnoun

    a disposition to kindness and compassion

    "the victor's grace in treating the vanquished"

Wiktionary

  1. goodwillnoun

    A favorably disposed attitude toward someone or something.

  2. goodwillnoun

    The value of a business entity not directly attributable to its tangible assets and liabilities. This value derives from factors such as consumer loyalty to the brand.

  3. goodwillnoun

    A concept used to refer to the ability of an individual or business to exert influence within a community, club, market or another type of group, without having to resort to the use of an asset (such as money or property), either directly or by the creation of a lien.

ChatGPT

  1. goodwill

    Goodwill is an intangible asset that represents the non-physical assets, such as brand reputation, customer relations, intellectual property, and other factors, that a company acquires when buying another company. It is essentially the excess value of a business beyond its tangible assets and liabilities. Goodwill can also refer to the positive reputation or relationships a company has built, that may contribute to its competitiveness or value.

Editors Contribution

  1. goodwill

    A kind or generous act.

    The customer service team were very helpful and as an act of goodwill they awarded accurately and justly.


    Submitted by MaryC on April 2, 2020  

Suggested Resources

  1. goodwill

    Song lyrics by goodwill -- Explore a large variety of song lyrics performed by goodwill on the Lyrics.com website.

Surnames Frequency by Census Records

  1. GOODWILL

    According to the U.S. Census Bureau, Goodwill is ranked #18467 in terms of the most common surnames in America.

    The Goodwill surname appeared 1,498 times in the 2010 census and if you were to sample 100,000 people in the United States, approximately 1 would have the surname Goodwill.

    75.9% or 1,137 total occurrences were White.
    17.4% or 262 total occurrences were Black.
    2.4% or 37 total occurrences were of Hispanic origin.
    2% or 31 total occurrences were of two or more races.
    1.3% or 20 total occurrences were American Indian or Alaskan Native.
    0.7% or 11 total occurrences were Asian.

How to pronounce Goodwill?

How to say Goodwill in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of Goodwill in Chaldean Numerology is: 7

  2. Pythagorean Numerology

    The numerical value of Goodwill in Pythagorean Numerology is: 7

Examples of Goodwill in a Sentence

  1. Horst Seehofer:

    In the interest of the country and the ability by the coalition to act, we want to try to find a way to unify on this central question : border control and refusal, only on this question, and I hope that we can manage it. This is an act of goodwill on my part and another attempt to come to an agreement, otherwise this would have been it today.

  2. Donald Trump:

    I hope that on these visits I also generate goodwill for United States that supports these programs, but really, the effect is on all of us who work hard every day because we believe in this mission.

  3. Kate Andersen:

    [ Biden ] understands the fine line Jill Biden has to walk between serving as a goodwill emissary from the US promoting American values, and being a political actor Jill Biden.

  4. Lhadon Tethong:

    First is the moral question, is it OK to host an international goodwill sporting event such as the Olympic Games while the host nation is committing genocide just beyond the stands?

  5. Engineer.AI:

    You’ve got to have a sufficient amount of positive goodwill and energy to survive that time-to-delay”

Popularity rank by frequency of use

Goodwill#10000#13859#100000

Translations for Goodwill

From our Multilingual Translation Dictionary

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"Goodwill." Definitions.net. STANDS4 LLC, 2024. Web. 24 Apr. 2024. <https://www.definitions.net/definition/Goodwill>.

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