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goodwill

Pronunciation: /ˌɡʊdˈwɪl/

The English word “goodwill” has 6 meanings listed here.

noun

  1. A favorably disposed attitude toward someone or something.
  2. The value of a business entity not directly attributable to its tangible assets and liabilities, deriving from factors such as consumer loyalty to the brand.
  3. The ability of an individual or business to exert influence within a community, club, market or another type of group, without having to resort to the use of an asset (such as money or property), either directly or by the creation of a lien.
  4. The willingness of a worker to perform activities not strictly within the scope of the employment contract and not just work to rule.
  5. A thrift shop.

verb

  1. To voluntarily provide or cover some or all of the cost of (something) to maintain goodwill.

Etymology

From Middle English *goodwille, good wille, possibly from Old English *gōdwille (compare gōdwillende (“well-pleased”)). Compare also Scots guidwilly, guidwillie (“displaying goodwill”). By surface analysis, good + will. Cognate with Scots guidwill (“goodwill”), Middle Low German gūtwille (“goodwill”), Old High German guotwilligi (“goodwill”), Old Danish godvilje (“goodwill”), Icelandic góðvilji,…

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Definitions are from Wiktionary, extracted by Kaikki.org, and are available under the CC BY-SA 4.0 licence.