American English

How to pronounce goodwill

nounB2
gudWIHL

/gʊd̚ˈwɪl/

2 syllables · Stress the second syllable.

Friendly feelings toward a person or group, together with a willingness to help or support them.

What to listen for

In goodwill, the second part is stronger: goodwill (/gʊd̚ˈwɪɫ/).

Practice out loud

Meanings & examples

noun

Friendly feelings toward a person or group, together with a willingness to help or support them.

The company made a donation as a gesture of goodwill.

The agreement created goodwill between the two communities.

Common phrases & grammar

show goodwill · build goodwill · a gesture of goodwill

goodwill toward + person or group

goodwill between + people or groups

nountechnicalless common

The value of a business's good reputation and customer relationships, especially when the business is sold.

The buyer paid extra for the company's goodwill.

Years of good service helped the store build goodwill with local customers.

Good to know

In accounting, goodwill is a business value, not simply a friendly feeling.

Common phrases & grammar

business goodwill · the company's goodwill

the goodwill of + business

goodwill from + customers

Useful expressions

goodwill gesture

an action intended to show friendly feelings or a wish to improve relations

They offered a refund as a goodwill gesture.