More terms
Goodwill
An acquisition-related intangible asset equal to the purchase price paid above the fair value of identifiable net assets.
What traders should verify
For Goodwill, identify the statement, reporting period, accounting policy, footnote support, comparable periods, and cash-flow effect.
Do not conflate
Goodwill is an accounting measure or classification; it is not automatically cash, fair value, liquidity, or current market value.
Primary source
SEC definitionSource boundary: this glossary reflects SEC staff views and is not a Commission rule, regulation, or statement. Check the linked source for current wording and legal context.