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 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 At the time, Canopy shares had fallen 78% for the year, and the company had acknowledged a going concern risk in its annual report. Steve Mollman, Fortune, 22 Mar. 2024 Fisker needs cash Ultimately, Fisker is in desperate need of cash to continue as a going concern beyond 2024. Ryan Hogg, Fortune Europe, 1 Mar. 2024 Diamond Sports Group has put together a plan to emerge from bankruptcy and remain a going concern, helped by a big new streaming deal with Amazon. Todd Spangler, Variety, 17 Jan. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'going concern.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 19 Sep. 2024.

Legal Definition

going concern

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