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:
“Fate forces its way to the powerful and violent. With subservient obedience it will assume for years dependency on one individual: Caesar, Alexander, Napoleon, because it loves the elemental human being who grows to resemble it, the intangible element. Sometimes, and these are the most astonishing moments in world history, the thread of fate falls into the hands of a complete nobody but only for a twitching minute.”
—Stefan Zweig (18811942)
“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)