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.

Usage in printed sourcesFrom: 

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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. Goa Kerle:

    From people of goodwill, I get inspiration, from my detractors, I derive aspiration.

  2. Barack Obama:

    We should soundly reject language coming out of the mouths of any of our leaders that feeds a climate of fear and hatred or normalizes racist sentiments ; leaders who demonize those who don't look like us, or suggest that other people, including immigrants, threaten our way of life, or refer to other people as sub-human, or imply that America belongs to just one certain type of people, it's time for the overwhelming majority of Americans of goodwill, of every race and faith and political party, to say as much -- clearly and unequivocally.

  3. Michael Kugelman:

    The moment that Modi touched down in Lahore (and probably even before), something like this was doomed to happen, at this point, there's sufficient goodwill in India-Pakistan relations to weather this attack. Saboteurs won't win this one.

  4. Med Jones:

    In the age of knowledge and global socioeconomic exchange, goodwill and trade relations are far important to national prosperity and stability than land or military power. Socioeconomic systems that are built on exclusive ideologies, religious or ethnic purities are breeding grounds for extremism and will eventually lead to civil and international conflicts. Those countries must change or fail.

  5. President Obama:

    They teach us that tiny trees just need a little love, and that on this holiday we celebrate peace on Earth and goodwill toward all.

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. 19 Nov. 2024. <https://www.definitions.net/definition/GOODWILL>.

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