Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
16:00 Feb 17, 2007
This question was closed without grading. Reason: Errant question
English to German translations [PRO] Law/Patents - Law: Contract(s) / Intellectual Property
English term or phrase:goodwill
...intellectual property rights of any nature anywhere in the world related to XYZ whether registered, registrable or otherwise (including but not limited to the Marks, any patents, trade marks, trade names, **goodwill**, copyright and rights in the nature of copyright) that the Company or its employees, agents or sub-contractors create, develop and/or use in the course of the provision of the Services.
Explanation: GOODWILL is that intangible possession which enables a business to continue to earn a profit that is in excess of the normal or basic rate of profit earned by other businesses of similar type. The goodwill of a business may be due to a particularly favorable location, its reputation in the community, or the quality of its employer and employees. The evidence that goodwill exists is the proven ability to earn excess profits. http://www.ventureline.com/glossary_G.asp