Good will Meaning, Definition & Usage
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noun a disposition to kindness and compassion
grace; goodwill.
- the victor's grace in treating the vanquished
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noun (accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
goodwill.
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noun the friendly hope that something will succeed
goodwill.
WordNet
Definitions
- . See under
Good .
Definitions
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(a) Benevolence; well wishing; kindly feeling.(b) (Law) The custom of any trade or business; the tendency or inclination of persons, old customers and others, to resort to an established place of business; the advantage accruing from tendency or inclination.The good will of a trade is nothing more than the probability that the old customers will resort to the old place. Lord Eldon.
