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Good Will (Noun)

Meaning 1

A disposition to kindness and compassion; "the victor's grace in treating the vanquished".

Classification

Nouns denoting attributes of people and objects.

Examples

  • The charity's mission was to spread good will throughout the community by providing aid to those in need.
  • Her good will towards her former colleague was evident in the way she spoke about him after he left the company.
  • The company's good will towards its employees was demonstrated by its generous benefits package and flexible work policies.
  • The politician's good will towards the environment was questioned by many after she voted against the climate change bill.
  • The city's good will towards its visitors was evident in the warm welcome they received from the locals.

Synonyms

  • Grace
  • Goodwill

Hypernyms

  • Good Nature

Meaning 2

The friendly hope that something will succeed.

Classification

Nouns denoting feelings and emotions.

Examples

  • The new employee started with good will towards her coworkers and supervisor.
  • Sending flowers to the family is a sign of good will during a difficult time.
  • The company's good will towards its community is evident in its charitable donations.
  • Wishing someone good luck on a new venture is an expression of good will.
  • The donation was given in good will, with no expectation of repayment or reward.

Synonyms

  • Goodwill

Meaning 3

(accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets).

Classification

Nouns denoting possession and transfer of possession.

Examples

  • The company's good will was valued at over a million dollars due to its strong brand recognition and customer loyalty.
  • The acquisition price included a significant amount for the target company's good will, reflecting its excellent reputation in the industry.
  • The auditor had to carefully assess the value of the company's good will and other intangible assets to determine its overall worth.
  • The merger between the two companies resulted in a significant increase in good will, as the combined entity was expected to have greater market influence.
  • The company's annual report disclosed a substantial impairment of good will, following a decline in its market share and reputation.

Synonyms

  • Goodwill

Hypernyms

  • Intangible Asset
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