The most common and most likely answer to this crossword clue is the 5 letter word AMITY
I've seen this crossword clue in Financial Times
A
M
I
T
Y
More clues leading to the result AMITY
- Goodwill shown by little woman embracing modern technology
- Girl welcomes Italian friendship
- A college year provides friendship
- Friendship? A girl must embrace it
- Friendly disposition of little woman hugging Italian
- Friendliness of girl embracing computer studies
- Harmony always around US institute
- “Good will to all men,” is taught yearly for starting letters
- Friendship? Girl embraces it
- It may upset friendly relationship
Buddy explains!

The straight part
We know that "Good will" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case good will = amity.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does AMITY mean?
AMITY noun- Friendship. The cooperative and supportive relationship between people, or animals. In this sense, the term connotes a relationship which involves mutual knowledge, esteem, affection, and respect along with a degree of rendering service to friends in times of need or crisis.
- Mutual understanding and a peaceful relationship, especially between nations; peace; accord.