Intangible Assets Vs. Goodwill
While goodwill is technically an intangible asset, it is usually listed as a separate item on a company's balance sheet. As a distinct type of intangible asset, goodwill would come in for example in an acquisition, where it represents the amount of money a company has paid or would pay over the fair value of the net assets to acquire another company.
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Famous quotes containing the words intangible and/or goodwill:
“There are ... intangible realities which float near us, formless and without words; realities which no one has thought out, and which are excluded for lack of interpreters.”
—Natalie Clifford Barney (1876–1972)
“Our assembly being now formed not by ourselves but by the goodwill and sprightly imagination of our readers, we have nothing to do but to draw up the curtain ... and to discover our chief personage on the stage.”
—Sarah Fielding (1710–1768)