Do you mean by Goodwill?

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Goodwill means the value of good name or reputation of bussines which attract more ,more conditioner help in earn profit good will is an intangible assets it cannot be see or touched but it can bought or sold

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Friendly , helpful , cooperative , feelings and attitude

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Goodwill is the value of the reputation of a firm which enable it to earn higher profits than tha normal return on the investment

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The established reputation of a business regarded as a quantifiable asset and calculated as part of its value when it is sold

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In simply,Goodwill is the respect towards people,but if you have the Goodwill in accounting you may explain es....It is an intangible asset when a buyer gain/receive an existing business....I'll think it helps u!

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Reputation of business in term of money

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Its a term of accountancy  which means Reputation of any  firm in the market

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Good will is one type of Intangible Asset. It  shows the profitability of the firm and financial structure.

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Goodwill means it's an intangible asset or value of the firm or reputation of the industrys.1.which we can't touch it,for instance,air, love and affection, reputation of the firm. (Invisible)2.visible assets means which we can touch it.for instance, Land and building, plant and machinery, textbooks, birds

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Goodwill in accounting is an intangible asset that arises when a buyer acquires an existing business. Goodwill represents assets that are not separately identifiable.

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Goodwill arises when a company acquires another entire business. The amount of goodwill is the cost to purchase the business minus the fair market value of the tangible assets, the intangible assets that can be identified, and the liabilities obtained in the purchase.

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In simple words, 'Goodwill is an intangible asset which show the reputation of form in the market' .'Goodwill is the value of the reputation of a firm in respect to the  profit earning over and above the expected profit. '

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