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intangible asset vs good will

good will vs intangible asset

intangible asset and good will both are nouns.

Word NounAdjectiveVerbAdverb
intangible asset Yes No No No
good will Yes No No No
As nouns, good will is a hyponym of intangible asset; that is, good will is a word with a more specific, narrower meaning than intangible asset:
  • intangible asset: assets that are saleable though not material or physical
  • good will: (accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
Other hyponyms of intangible asset include goodwill.
intangible asset (noun) good will (noun)
assets that are saleable though not material or physical a disposition to kindness and compassion
the friendly hope that something will succeed
(accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
Difference between intangible asset and good will

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