Reputation

Goodwill - Goodwill is an intangible asset that represents the value of a business beyond its tangible assets and liabilities. It arises when one company acquires another for a price higher than the fair market value of its net identifiable assets. It also represents elements like excellence of management, customer loyalty, brand recognition, favorable location, or quality of employees and overall business going concern value that are not separately identifiable but contribute to generating future economic benefits.

Class Information

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Identification

Label (rdfs)
Goodwill
Preferred Label
Reputation
Alternative Labels
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Identifier
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Definition and Examples

Definition
Goodwill is an intangible asset that represents the value of a business beyond its tangible assets and liabilities. It arises when one company acquires another for a price higher than the fair market value of its net identifiable assets. It also represents elements like excellence of management, customer loyalty, brand recognition, favorable location, or quality of employees and overall business going concern value that are not separately identifiable but contribute to generating future economic benefits.
Examples
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Translations

de-de
Firmenwert
es-es
Fondo de comercio
fr-fr
Fonds commercial
en-gb
Goodwill
es-mx
Valor intangible
pt-br
Ágio
he-il
זכויות סחירות
hi-in
गुणवत्ता
ja-jp
のれん
zh-cn
商誉

Class Relationships

Sub Class Of
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Is Defined By
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See Also
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Additional Information

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Description
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Notes
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Deprecated
False

Metadata

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Editorial Note
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