good will is a noun meaning "a disposition to kindness and compassion". It carries 3 recorded senses.
a disposition to kindness and compassion
“the victor's grace in treating the vanquished”
(accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
accounting
the friendly hope that something will succeed
Definitions, synonyms and semantic relations for good will come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.