noun Download 🔗Share A favorably disposed attitude toward someone or something. Examples : "The teacher's goodwill towards her students was evident in her patient explanations. " attitude value character business economy moral Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share 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. Examples : "The local bakery had high goodwill, meaning many people were loyal customers who preferred their bread to other brands. " business asset value finance economy Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share 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. Examples : "The teacher's positive attitude and helpfulness created a lot of goodwill within the student body. " business value asset organization economy Chat with AIVocabulary GamePractice Reading