A special type of Intangible Asset, arising at acquisition and amounting to a difference between purchase value and the equity value (net market value minus liabilities).
It is listed in Balance Sheet.
Goodwill is a rare type of Intangible Asset which is not subject to Amortization in Financial Accounting.
See also
Business / Business Administration / Financial Management / Financial Accounting / Intangible Asset
[ Asset ] [ Fixed Asset ] [ Intangible Asset ] [ Current Asset ]
[ Amortization ][ Depreciation ][ Profit and Loss (P&L) ]