Identification
None
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.
Class Relationships
Sub Class Of
Parent Class Of 0
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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
รgio
he-il
ืืืืืืช ืกืืืจืืช
hi-in
เคเฅเคฃเคตเคคเฅเคคเคพ
ja-jp
ใฎใใ
zh-cn
ๅ่ช
Class Hierarchy Visualization
Interactive graph showing class relationships - click on any node to navigate to that class
Additional Information
Metadata
Comment
None
Description
None
Notes
- โข None
Editorial Information
History Note
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Editorial Note
None
Deprecated
No
Source and Origin
No source or origin information available