goodwill

B2
Pronunciation
/ɡʊdˈwɪl/
Noun
3 definition(s)
1 Definition

A favorably disposed attitude toward someone or something.

2 Definition

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 Definition

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.