/ˈɡʊdˈwɪl/ – Noun
Definition: 1. thiện chí;
2. sự tín nhiệm, uy tín, danh tiếng;
3. tài sản vô hình, sở hữu phi vật thể của công ty (bao gồm uy tín, quan hệ làm ăn, tên công ty, nhãn hiệu hàng hóa, số khách hàng).
A more thorough explanation: Goodwill, in a legal context, refers to the intangible value of a business that is based on its reputation, customer relationships, brand recognition, and other factors that contribute to its ability to generate income and profits. Goodwill is considered an asset on a company’s balance sheet and can be included in the valuation of a business.
Example: The company purchased the business for a significant amount, which included the value of the tangible assets as well as the intangible asset of goodwill.