Definition: Goodwill is the accounting term for intellectual capital. It means the value of an asset owned that is intangible but has a quantifiable "prudent value" in a business. For example the corporate reputation, product and service brands and intellectual property rights.
MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.
We like to keep things short, and provide links to learn more about your subject.
© 2023 MBA Brief - Last updated: 30-11-2023 - Privacy | Terms