goodwills (Meaning)
goodwills
the value of projected earnings increases of a business especially as part of its purchase price, the value of the trade a business has built up, the excess of the purchase price of a business above the value assigned for tax purposes to its other net assets, an intangible asset that is made up of the favor or prestige which a business has acquired beyond the mere value of what it sells due to the personality or experience of those conducting it, their reputation for skill or dependability, the business's location, or any other circumstance incidental to the business that tends to draw and retain customers, the excess of the purchase price of a company over its book value which represents the value of goodwill as an intangible asset for accounting purposes, the value of projected increases in the earnings of a business especially as part of its purchase price, the favor or advantage that a business has acquired especially through its brands and its good reputation, kindly feeling, cheerful consent, willing effort, a kindly feeling of approval and support
Synonyms & Antonyms of goodwills
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goodwills Sentence Examples
- The community's goodwill towards the hospital was demonstrated at the annual fundraising event.
- The company's goodwill was damaged by the recent product recall.
- The non-profit organization relies heavily on goodwill donations to support its mission.
- The goodwill between the two neighbors has been strained by a property dispute.
- The company's decision to reduce staff had a negative impact on its goodwill with employees.
- The reputation of the brand is a valuable goodwill asset that has been built over decades.
- The government's push for environmental sustainability has increased consumer goodwill towards responsible businesses.
- The goodwill generated by the company's social responsibility initiatives has helped it attract and retain customers.
- The goodwill between the two companies was essential for their successful merger.
- The charity's goodwill is a testament to its long history of providing vital services to the community.
FAQs About the word goodwills
the value of projected earnings increases of a business especially as part of its purchase price, the value of the trade a business has built up, the excess of
friendliness, generosity, cordiality,friendship, harmony, kindliness, camaraderie, brotherhood, benevolence, companionship
intolerance, ill will, hatred, antagonism,malevolence, hostility, venom, malice, hate, animosity
The community's goodwill towards the hospital was demonstrated at the annual fundraising event.
The company's goodwill was damaged by the recent product recall.
The non-profit organization relies heavily on goodwill donations to support its mission.
The goodwill between the two neighbors has been strained by a property dispute.
