goodwill


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  • noun

Synonyms for goodwill

Synonyms for goodwill

Synonyms for goodwill

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

the friendly hope that something will succeed

Synonyms

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a disposition to kindness and compassion

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References in periodicals archive ?
There are 165 local Goodwill organizations in the United States and Canada, and each organization tailors its services to local community needs.
Because it is more likely that personal goodwill exists in a closely held business and the effect of double taxation on corporate earnings is a concern for those businesses, identifying personal goodwill as a separate asset occurs most often with the sale of closely held C corporations and with closely held S corporations still within the Sec.
For more information about the Council of California Goodwill Industries and the 13 associations, visit www.
Goodwill is the value of a business that is not directly attributable to assets and liabilities.
Consumers are responsible for removing data from their hard drives and other storage media before making their donation; neither Dell nor Goodwill will take any responsibility for this information, according to the companies.
For assets other than goodwill or indefinite-lived intangibles, an impairment charge is recognized whenever an asset's recoverable amount (the higher of its fair value less costs to sell, and its value in use) exceeds its carrying amount.
If the entire purchase price could be allocated to goodwill (1), there would be no financial expense to reduce future earnings.
Last year, Goodwill packaged more than 4 million CDs and produced 8,500 wooden pallets for Sony.
Using his networks of young people who hung out at discos and were in need of temporary jobs, he founded the temp agency Goodwill Group, which specialized in short term routine work.
According to one appraisal industry trade publication, "Companies are now fighting tooth and nail to maximize goodwill and minimize other intangible assets in reporting an acquisition," because "every dollar allocated to goodwill does not impact future earnings, while every dollar allocated to intangibles will result in a future charge to earnings and a reduction in earnings per share.
While amortizing goodwill for tax purposes does create an even and certain tax deduction during the length of amortization, it creates a deferred tax liability once those 15 years are up.
By the end of June, the board was to have voted on two final statements, Business Combinations and Goodwill and Other Intangible Assets.
It provides new criteria that determine whether an acquired intangible asset should be recognized separately from goodwill.
The shop, which recently moved to larger quarters at 26869 Bouquet Canyon Road, sells items donated to Goodwill stations around the region.
Goodwill Industries was thought to provide a valuable platform for the study of rural versus nonrural issues in rehabilitation because of its structure (nationally, it is comprised of 173 local organizations) and its experience in rehabilitation service delivery (Goodwill Industries has been providing rehabilitation services to rural communities as well as nonrural communities since 1902).