Goodwill in United States
Practical Information
Note: Some of this information was last updated in 1982
An intangible asset arising from the reputation of a business and its relations with its customers. When an established business is offered for sale, goodwill has a marketable value.
What is Goodwill?
For a meaning of it, read Goodwill in the Legal Dictionary here. Browse and search more U.S. and international free legal definitions and legal terms related to Goodwill.
Goodwill in the International Business Landscape
Definition of Goodwill in the context of U.S. international business and public trade policy: Payment in excess of the book value of a firm’s stock.