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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
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 5 Oct. 2024.
Legal Definition
going concern
noun
going con·cern
: a business that is in operation
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