Meaning & Definition of Goodwill in English

Detailed Definitions

• Definition: An intangible asset representing the value of a business's reputation and customer relationships.

  Example Sentence: The company's goodwill was reflected in its high customer loyalty.

• Definition: A favorable disposition or attitude toward someone or something.

  Example Sentence: He offered his services to the community out of goodwill.

• Definition: Acts of kindness or charity performed for others without expectation of compensation.

  Example Sentence: They made donations to the local shelter as a gesture of goodwill.

Etymology

Origin: Middle English, from good + will.

Synonyms

Common Phrases and Expressions

• goodwill gesture: An act intended to show goodwill or friendliness.
• goodwill ambassador: An individual who is an advocate for a cause and represents it positively.
• to build goodwill: To create a positive relationship or reputation.

Translations

• Spanish: buena voluntad

• French: bonne volonté

• German: Wohlwollen

• Russian: благожелательство

Related Words

• kindness: The quality of being friendly, generous, and considerate.

• benevolence: The desire to do good to others; goodwill; charitableness.

• philanthropy: The desire to promote the welfare of others, expressed through generous donations.

Slang Meanings of goodwill

• Meaning: Positive reputation or vibe.

  Example Sentence: The brand has a lot of goodwill with its customers.

• Meaning: Friendly feelings between people or groups.

  Example Sentence: They built up some goodwill after helping the neighbors with their yard work.