badwill

negative goodwill, i.e. if the price is less than the fair market value

Noun

  1. negative goodwill, i.e. if the price is less than the fair market value
    • Secondly, the European Central Bank encouraged banks in July to recognise an accounting gain known as negative goodwill, or “badwill”, that they generate when they buy a rival below tangible book value, or at a lower...