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goodwill

noun

Simple meaning

The ability of a person or business to exert influence within a community, club, market or another type of group.

Pronunciation

Say it like this:

guudwil

Say the bold part a little louder.

US device voice
IPA pronunciation (US)

ˈɡʊdˈwɪl

This word is pronounced essentially the same in American and British English, so one transcription covers both.

IPA (International Phonetic Alphabet) is a standard way of writing speech sounds.

Word Review

Definition

Everyday modern meanings first, grouped by part of speech.

noun

  1. A favorably disposed attitude toward someone or something.

  2. business

    The ability of an individual or business to exert influence within a community, club, market or another type of group, without having to resort to the use of an asset (such as money or property), either directly or by the creation of a lien.

  3. accounting

    The value of a business entity not directly attributable to its tangible assets and liabilities, deriving from factors such as consumer loyalty to the brand.

  4. Alternative letter-case form of goodwill ("a thrift shop").

Word Aura™

How this word commonly comes across.

Aura for this meaning

This meaning: The ability of an individual or business to exert influence within a community, club, market or another type of group, without having to resort to the use of an asset (such as money or property), either directly or by the creation of a lien.

Used this way, goodwill is a reasonably familiar word that usually carries little praise or criticism of its own. It turns up most in business or professional contexts.

Emotional tone
Neutral
Formality
Neutral
Intensity
Not strongly marked
How common
Moderately common
Connotation
Matter-of-fact
Usage feel
Neutral and straightforward

Where it naturally appears

  • Business/professional

Word Aura describes common impressions, not a measurement. Tone changes with sentence, speaker, relationship and situation.

More ways to use goodwill

  • “The company tries to build goodwill in the community by volunteering.”noun

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Dictionary data from Wiktionary via the Free Dictionary API. Simple meanings, combinations and word intelligence are built from verified reference data, no AI is used to load this page.