goodwill

//ˌɡʊdˈwɪl//
B2Frequency Level 11Neutral
Visual representation of goodwill

Noun

goodwillSingular
1

Friendly, helpful, or cooperative feelings or attitude toward others.

The company has built up a lot of goodwill in the community through its charity work.

2

The established reputation of a business regarded as a quantifiable asset and calculated as part of its value when being sold.

The company's goodwill was valued at $2 million when it was sold.

goodwill - Deep Vocabulary