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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
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
Diamond’s near-term focus will be on implementing the RSA and emerging from bankruptcy as a going concern for the benefit of our investors, our employees, our team, league and distribution partners, and the millions of fans who will continue to enjoy our broadcasts.
—Journal Sentinel, 17 Jan. 2024
Can OpenAI remain a going concern without Microsoft? OpenAI commands a soaring valuation thanks to its tender offers with venture capital firms, but this is just paper money based on share sales from existing employees, founders, and earlier investors.
—Jeremy Kahn, Fortune, 19 Nov. 2023
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 17 Jun. 2024.
Legal Definition
going concern
noun
going con·cern
: a business that is in operation
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