going concern

noun

: a business that is making a profit
They had a difficult start, but they've turned the restaurant into a going concern.

Examples of going concern in a Sentence

Recent Examples on the Web
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Who is Megyn Kelly? To be clear, Kelly gave up journalism as a going concern a while ago. Bill Goodykoontz, The Arizona Republic, 5 Nov. 2024 No going concern audit opinion surfaced despite plummeting revenues, cash burn and financial woes. Noah Barsky, Forbes, 21 Oct. 2024 The truth is that retail grocers have some of the lowest profit margins of any going concern business—far less than 2%, going back decades. Jason Ma, Fortune, 30 Sep. 2024 At the moment, a European NATO is not a going concern as a warfighting economy. Phillips P. O’Brien, Foreign Affairs, 6 Sep. 2024 The mission to counter ISIS remains a going concern, and if the United States is forced to leave Iraq, that effort could suffer a serious blow. Ilan Goldenberg, Foreign Affairs, 3 Jan. 2020 Rite Aid’s restructuring plan calls for creditors to take over the struggling chain and exit bankruptcy protection as a going concern, according to court documents. Paolo Confino, Fortune, 6 June 2024 As a result substantial doubt exists about the Company's ability to continue as a going concern. Fort Worth Star-Telegram, 15 May 2024 Hong Kong’s financial-reporting watchdog has been investigating PwC since 2021, after the accounting firm failed to identify Evergrande’s inability to operate as a going concern. Kiuyan Wong, Fortune Asia, 26 Mar. 2024

Dictionary Entries Near going concern

Cite this Entry

“Going concern.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/going%20concern. Accessed 21 Nov. 2024.

Legal Definition

going concern

noun
going con·​cern
: a business that is in operation
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