Goodwill
From ACT Wiki
1. An intangible asset representing the additional premium paid to acquire control of a company.
Also known as positive goodwill.
2. The excess of the total value of the whole business, above the net value of its individual assets and liabilities.
See also
- Acquisition accounting
- FRS 10
- FRS 11
- Goodwill on consolidation
- Impairment
- Negative goodwill
- Net assets