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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
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
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
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Cite this Entry
“Going concern.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/going%20concern. Accessed 14 Nov. 2024.
Legal Definition
going concern
noun
going con·cern
: a business that is in operation
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