Goodwill: Canada Debt .ca defines Goodwill

Bankruptcy Term Goodwill

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Canada Debt has the definition to the bankruptcy and debt term Goodwill. Finding answers to terms such as Goodwill can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Goodwill in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Goodwill' is used as follows:

That value attributed to a business that is not tangible, but arises from the reputation, expertise, service or some other intangible that attaches to the business and makes it have more worth than just the value of its assets.