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3 definitions found
 for Good will
From The Collaborative International Dictionary of English v.0.48 :

  Good \Good\, a. [Compar. Better; superl. Best. These words,
     though used as the comparative and superlative of good, are
     from a different root.] [AS. G[=o]d, akin to D. goed, OS.
     g[=o]d, OHG. guot, G. gut, Icel. g[=o][eth]r, Sw. & Dan. god,
     Goth. g[=o]ds; prob. orig., fitting, belonging together, and
     akin to E. gather. [root]29 Cf. Gather.]
     [1913 Webster]
     1. Possessing desirable qualities; adapted to answer the end
        designed; promoting success, welfare, or happiness;
        serviceable; useful; fit; excellent; admirable;
        commendable; not bad, corrupt, evil, noxious, offensive,
        or troublesome, etc.
        [1913 Webster]
  
              And God saw everything that he had made, and behold,
              it was very good.                     --Gen. i. 31.
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              Good company, good wine, good welcome. --Shak.
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     2. Possessing moral excellence or virtue; virtuous; pious;
        religious; -- said of persons or actions.
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              In all things showing thyself a pattern of good
              works.                                --Tit. ii. 7.
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     3. Kind; benevolent; humane; merciful; gracious; polite;
        propitious; friendly; well-disposed; -- often followed by
        to or toward, also formerly by unto.
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              The men were very good unto us.       --1 Sam. xxv.
                                                    15.
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     4. Serviceable; suited; adapted; suitable; of use; to be
        relied upon; -- followed especially by for.
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              All quality that is good for anything is founded
              originally in merit.                  --Collier.
        [1913 Webster]
  
     5. Clever; skillful; dexterous; ready; handy; -- followed
        especially by at.
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              He . . . is a good workman; a very good tailor.
                                                    --Shak.
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              Those are generally good at flattering who are good
              for nothing else.                     --South.
        [1913 Webster]
  
     6. Adequate; sufficient; competent; sound; not fallacious;
        valid; in a commercial sense, to be depended on for the
        discharge of obligations incurred; having pecuniary
        ability; of unimpaired credit.
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              My reasons are both good and weighty. --Shak.
        [1913 Webster]
  
              My meaning in saying he is a good man is . . . that
              he is sufficient . . . I think I may take his bond.
                                                    --Shak.
        [1913 Webster]
  
     7. Real; actual; serious; as in the phrases in good earnest;
        in good sooth.
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              Love no man in good earnest.          --Shak.
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     8. Not small, insignificant, or of no account; considerable;
        esp., in the phrases a good deal, a good way, a good
        degree, a good share or part, etc.
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     9. Not lacking or deficient; full; complete.
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              Good measure, pressed down, and shaken together, and
              running over.                         --Luke vi. 38.
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     10. Not blemished or impeached; fair; honorable; unsullied;
         as in the phrases a good name, a good report, good
         repute, etc.
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               A good name is better than precious ointment.
                                                    --Eccl. vii.
                                                    1.
         [1913 Webster]
  
     As good as. See under As.
  
     For good, or For good and all, completely and finally;
        fully; truly.
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              The good woman never died after this, till she came
              to die for good and all.              --L'Estrange.
  
     Good breeding, polite or polished manners, formed by
        education; a polite education.
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              Distinguished by good humor and good breeding.
                                                    --Macaulay.
  
     Good cheap, literally, good bargain; reasonably cheap.
  
     Good consideration (Law).
         (a) A consideration of blood or of natural love and
             affection. --Blackstone.
         (b) A valuable consideration, or one which will sustain a
             contract.
  
     Good fellow, a person of companionable qualities.
        [Familiar]
  
     Good folk, or Good people, fairies; brownies; pixies,
        etc. [Colloq. Eng. & Scot.]
  
     Good for nothing.
         (a) Of no value; useless; worthless.
         (b) Used substantively, an idle, worthless person.
             [1913 Webster]
  
                   My father always said I was born to be a good
                   for nothing.                     --Ld. Lytton.
  
     Good Friday, the Friday of Holy Week, kept in some churches
        as a fast, in memoory of our Savior's passion or
        suffering; the anniversary of the crucifixion.
  
     Good humor, or Good-humor, a cheerful or pleasant temper
        or state of mind.
  
     Good humor man, a travelling vendor who sells Good Humor
        ice-cream (or some similar ice-cream) from a small
        refrigerated truck; he usually drives slowly through
        residential neighborhoods in summertime, loudly playing
        some distinctive recorded music to announce his presence.
        [U. S.]
  
     Good nature, or Good-nature, habitual kindness or
        mildness of temper or disposition; amiability; state of
        being in good humor.
        [1913 Webster]
  
              The good nature and generosity which belonged to his
              character.                            --Macaulay.
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              The young count's good nature and easy
              persuadability were among his best characteristics.
                                                    --Hawthorne.
  
     Good people. See Good folk (above).
  
     Good speed, good luck; good success; godspeed; -- an old
        form of wishing success. See Speed.
  
     Good turn, an act of kidness; a favor.
  
     Good will.
         (a) Benevolence; well wishing; kindly feeling.
         (b) (Law) The custom of any trade or business; the
             tendency or inclination of persons, old customers and
             others, to resort to an established place of
             business; the advantage accruing from tendency or
             inclination.
             [1913 Webster]
  
                   The good will of a trade is nothing more than
                   the probability that the old customers will
                   resort to the old place.         --Lord Eldon.
  
     In good time.
         (a) Promptly; punctually; opportunely; not too soon nor
             too late.
         (b) (Mus.) Correctly; in proper time.
  
     To hold good, to remain true or valid; to be operative; to
        remain in force or effect; as, his promise holds good; the
        condition still holds good.
  
     To make good, to fulfill; to establish; to maintain; to
        supply (a defect or deficiency); to indemmify; to prove or
        verify (an accusation); to prove to be blameless; to
        clear; to vindicate.
        [1913 Webster]
  
              Each word made good and true.         --Shak.
        [1913 Webster]
  
              Of no power to make his wishes good.  --Shak.
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              I . . . would by combat make her good. --Shak.
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              Convenient numbers to make good the city. --Shak.
  
     To think good, to approve; to be pleased or satisfied with;
        to consider expedient or proper.
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              If ye think good, give me my price; and if not,
              forbear.                              --Zech. xi.
                                                    12.
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     Note: Good, in the sense of wishing well, is much used in
           greeting and leave-taking; as, good day, good night,
           good evening, good morning, etc.
           [1913 Webster]

From The Collaborative International Dictionary of English v.0.48 :

  Will \Will\, n. [OE. wille, AS. willa; akin to OFries. willa,
     OS. willeo, willio, D. wil, G. wille, Icel. vili, Dan.
     villie, Sw. vilja, Goth wilja. See Will, v.]
     [1913 Webster]
     1. The power of choosing; the faculty or endowment of the
        soul by which it is capable of choosing; the faculty or
        power of the mind by which we decide to do or not to do;
        the power or faculty of preferring or selecting one of two
        or more objects.
        [1913 Webster]
  
              It is necessary to form a distinct notion of what is
              meant by the word "volition" in order to understand
              the import of the word will, for this last word
              expresses the power of mind of which "volition" is
              the act.                              --Stewart.
        [1913 Webster]
  
              Will is an ambiguous word, being sometimes put for
              the faculty of willing; sometimes for the act of
              that faculty, besides [having] other meanings. But
              "volition" always signifies the act of willing, and
              nothing else.                         --Reid.
        [1913 Webster]
  
              Appetite is the will's solicitor, and the will is
              appetite's controller; what we covet according to
              the one, by the other we often reject. --Hooker.
        [1913 Webster]
  
              The will is plainly that by which the mind chooses
              anything.                             --J. Edwards.
        [1913 Webster]
  
     2. The choice which is made; a determination or preference
        which results from the act or exercise of the power of
        choice; a volition.
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              The word "will," however, is not always used in this
              its proper acceptation, but is frequently
              substituted for "volition", as when I say that my
              hand mover in obedience to my will.   --Stewart.
        [1913 Webster]
  
     3. The choice or determination of one who has authority; a
        decree; a command; discretionary pleasure.
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              Thy will be done.                     --Matt. vi.
                                                    10.
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              Our prayers should be according to the will of God.
                                                    --Law.
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     4. Strong wish or inclination; desire; purpose.
        [1913 Webster]
  
     Note: "Inclination is another word with which will is
           frequently confounded. Thus, when the apothecary says,
           in Romeo and Juliet, 
           [1913 Webster]
  
                 My poverty, but not my will, consents; . . .
                 Put this in any liquid thing you will,
                 And drink it off.
           [1913 Webster] the word will is plainly used as,
           synonymous with inclination; not in the strict logical
           sense, as the immediate antecedent of action. It is
           with the same latitude that the word is used in common
           conversation, when we speak of doing a thing which duty
           prescribes, against one's own will; or when we speak of
           doing a thing willingly or unwillingly." --Stewart.
           [1913 Webster]
  
     5. That which is strongly wished or desired.
        [1913 Webster]
  
              What's your will, good friar?         --Shak.
        [1913 Webster]
  
              The mariner hath his will.            --Coleridge.
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     6. Arbitrary disposal; power to control, dispose, or
        determine.
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              Deliver me not over unto the will of mine enemies.
                                                    --Ps. xxvii.
                                                    12.
        [1913 Webster]
  
     7. (Law) The legal declaration of a person's mind as to the
        manner in which he would have his property or estate
        disposed of after his death; the written instrument,
        legally executed, by which a man makes disposition of his
        estate, to take effect after his death; testament; devise.
        See the Note under Testament, 1.
        [1913 Webster]
  
     Note: Wills are written or nuncupative, that is, oral. See
           Nuncupative will, under Nuncupative.
           [1913 Webster]
  
     At will (Law), at pleasure. To hold an estate at the will
        of another, is to enjoy the possession at his pleasure,
        and be liable to be ousted at any time by the lessor or
        proprietor. An estate at will is at the will of both
        parties.
  
     Good will. See under Good.
  
     Ill will, enmity; unfriendliness; malevolence.
  
     To have one's will, to obtain what is desired; to do what
        one pleases.
  
     Will worship, worship according to the dictates of the will
        or fancy; formal worship. [Obs.]
  
     Will worshiper, one who offers will worship. [Obs.] --Jer.
        Taylor.
  
     With a will, with willingness and zeal; with all one's
        heart or strength; earnestly; heartily.
        [1913 Webster]

From WordNet (r) 3.0 (2006) :

  good will
      n 1: a disposition to kindness and compassion; "the victor's
           grace in treating the vanquished" [syn: grace, good
           will, goodwill]
      2: (accounting) an intangible asset valued according to the
         advantage or reputation a business has acquired (over and
         above its tangible assets) [syn: good will, goodwill]
      3: the friendly hope that something will succeed [syn: good
         will, goodwill]

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