goodwill

/ɡʊdˈwɪl/
noun
  1. A friendly, helpful, or cooperative attitude toward others.
    • She volunteered at the shelter out of pure goodwill.
    • Goodwill between neighbors makes a community stronger.
    • The two countries signed the treaty as a gesture of goodwill.
  2. The value of a business's reputation and customer relationships, beyond its physical assets.
    • The company's goodwill was worth millions because of its loyal customers.
    • When they sold the store, the price included goodwill.
    • Building goodwill takes years of honest service.
What does "goodwill" mean? | whatsthatwordmean | whatsthatwordmean