Fuad Yahya Jun 21, 2010:

What you quoted is correct The good will of others towards the company is what generates sales revenues and addes value to its assets. It is indeed intangible, but quite saleable. In other words, when others have goodwill towards the company, they buy the company's products and services, and will also buy its stock.

Think of BP, for example. The disaster in the Gulf has cost the company a lot of good will. Consequently, its stock value went down.

mai el-gebeily (asker) Jun 21, 2010:

May be it goes in other way Thank very much for clarification Fuad, but i think that goodwill functions as an adjective to the savings just like anticipated, otherwise the sentence should be "goodwill, anticipated savings or....." especially that i found a definition for "goodwill" in a business dictionary, it says:
Goodwill is the assumed value of the attractive force that generates sales revenue in a business, and adds value to its assets. Goodwill is an intangible but saleable asset, almost indestructible except by indiscretion.
I am not sure if i am right

Fuad Yahya Jun 21, 2010:

The sentence is about loss Mai, the sentence does not say that a party is not responsible for good will. That wording does not appear anywhere in the sentence. That is your paraphrase. The sentence says that one party will not let the other party suffer the consequences of LOSS OF business, LOSS OF profits, LOSS OF good will, LOSS OF anticipated savings, or any other LOSS.

The good will that is stated here is the good will that others have towards this party, not the party's good will towards others. If this party loses the good will of others, they stand to lose business and, potentially, a lot of money.

Fuad Yahya Jun 21, 2010:

This is extremely helpful You have no idea how helpful this is.

Yes, copy and paste has become a religion, and we are all averse to manual typing, but you need to think and do things out of the box if you need to get results.

The whole reason you had difficulty with the expression "good will" in that sentence is that it did not seem to fit the context. In other words, without the context, you would not even have much of a question to begin with. So it stands to reason that you need to show us the context so we can decipher what went wrong. You did that now, so the source of your puzzlement is much clearer, and it is now possible, not only to suggest the proper translation, but also to help you understand the whole sentence.

mai el-gebeily (asker) Jun 21, 2010:

The context in this case not very helpful I am sorry for the confusion. Any way, i didn't give the context first because it is a JPEG file from which i couldn't make copy and paste and second because I found context not very helpful in this case.
However the context is:
The company should hold them harmless from any business loss, damage, loss in business or profits, goodwill and anticipated savings or any other loss or damage arising from........

Fuad Yahya Jun 21, 2010:

The way this question is stated does not help you The way you stated your question does not help you very much. We can be much more helpful to you if you provide proper context and formulate your question correctly.

First, when you fill out your question form, place only the term in question (either the term "good will" or the term "anticipated savings") in the "Term" box. Do not place two terms, even if they occur in the same phrase. If you need help translating both terms, you will need to post two separate questions.

Second, in the "Context/explanation" box, you need to state the actual context, not your paraphrase of the context. In your question, you stated:

"it is a part of a contract in which a party stated he is not responsible of goodwill and anticipated savings."

That does not convey anything useful. We need the actual sentence where the term occurs. Do not paraphrase it for us.

If you are puzzled about what the sentence means (not just how to translate it), state the nature of your puzzlement, so we could address this point as well.

When you state your question correctly, you will receive answers that actually help.

Thank you.

mai el-gebeily (asker) Jun 21, 2010:

thanks, but i just couldn't understand how a party to a contract said he is not responsible of goodwill if it gives the meaning of نوايا حسنة in this context.