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noun

goodwill

CEFR B2

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

In a sentence

Six example sentences with goodwill, each labelled with its topic.

  • The buyer paid nine million for a bakery whose ovens and vans were worth two, and booked the difference as goodwill.

    Finance

  • When the chain dropped the founder's name from the shopfronts, most of the goodwill on its balance sheet went with it.

    Business

  • Analysts argued the merger's goodwill was overstated, since the acquired brand had lost half its customers before the deal closed.

    Economics

  • The sale agreement priced the goodwill separately from the shop fittings, and the tax treatment of each differed sharply.

    Law

  • When the giant bought the startup for ninety million, most of the price landed on its books as goodwill.

    Startups

  • The software firm wrote down two billion of goodwill after the acquired app lost its users to a free rival.

    Technology

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Found in these word lists

Found in 2 published word listsAuthoritative

Each source is a published word list that contains goodwill. No exam board publishes an official GRE, GMAT or SAT list; GMAT words come from GRE lists and the Academic Word List.