Goodwill vs Consideration - What's the difference?
goodwill | consideration |
A favorably disposed attitude toward someone or something.
(accounting) The value of a business entity not directly attributable to its tangible assets and liabilities. This value derives from factors such as consumer loyalty to the brand.
(business) A concept used to refer to 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.
The thought process of considering, of taking everything into account.
Something considered as a reason or ground for a (possible) decision.
The tendency to consider others.
A payment or other recompense for something done.
(legal) A matter of inducement for something promised; something valuable given as recompense for a promise, which causes the promise to become binding as a contract.
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Importance, claim to notice, regard.
* 1919 ,
As nouns the difference between goodwill and consideration
is that goodwill is a favorably disposed attitude toward someone or something while consideration is consideration (the process of considering).goodwill
English
Noun
Antonyms
* ill willSee also
* bona fides ----consideration
English
Noun
(en noun)- ''After much consideration, I have decided to stay.
- ''You showed remarkable consideration in giving up your place for your friend.
- ''Will you noisy children show some consideration and stop your infernal screaming? I'm trying to study!
- ''Sure I'll move my car, but only for a consideration .
- [...] settled down on a small property he had near Quimper to live for the rest of his days in peace; but the failure of an attorney left him suddenly penniless, and neither he nor his wife was willing to live in penury where they had enjoyed consideration .
