Goodwill

According to the General Accounting Plan, goodwill is the excess cost (on the acquisition date) of the combined business lines over the corresponding value of the identifiable assets acquired minus the value of the liabilities assumed. Goodwill is only be recognized when it has been acquired in exchange for compensation, and it corresponds to the future economic benefits from assets that could not be individually identified and recognized separately.

As a result, goodwill represents advance payment made by the acquiring company in exchange for the future economic benefits derived from the acquired company's assets that could not be identified or quantified.

Back to Glossary

You might also be interested in

  • Fee-Free Online Account

    • €0 for administration and maintenance of the account, without conditions.
    • €0 for issuance and maintenance of the Aqua Debit Card.

    Get up to €760 just for using your account. During the first year, you could earn up to €63.33 a month for doing the usual things with your account: Bizum, shopping with the card, paying a bill or getting your paycheck. You could get up to €760!

    Enter this code when you open your account before 09/30/2025:

    Copy code PLAN760