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:
“Contact with men who wield power and authority still leaves an intangible sense of repulsion. It’s very like being in close proximity to faecal matter, the faecal embodiment of something unmentionable, and you wonder what it is made of and when it acquired its historically sacred character.”
—Jean Baudrillard (b. 1929)
“Despair is the price one pays for setting oneself an impossible aim. It is, one is told, the unforgivable sin, but it is a sin the corrupt or evil man never practises. He always has hope. He never reaches the freezing-point of knowing absolute failure. Only the man of goodwill carries always in his heart this capacity for damnation.”
—Graham Greene (1904–1991)