Question

define the term goodwill​

Answer 1

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Goodwill is an intangible asset that is associated with the purchase of one company by another. Specifically, goodwill is the portion of the purchase price that is higher than the sum of the net fair value of all of the assets purchased in the acquisition and the liabilities assumed in the process

Explanation:

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Answer 2

There are 2 meanings :

1. the established reputation of a business regarded as a quantifiable asset and calculated as part of its value when it is sold. ( In business)

2. friendly, helpful, or cooperative feelings or attitude. ( in person )

Hope this will help u !