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:
“What is an artist? A provincial who finds himself somewhere between a physical reality and a metaphysical one.... It’s this in-between that I’m calling a province, this frontier country between the tangible world and the intangible one—which is really the realm of the artist.”
—Frederico Fellini (b. 1920)
“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)