going concern

noun

Definition of going concern

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

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“Going concern.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/going%20concern. Accessed 20 Oct. 2020.

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going concern

noun
going con·​cern

Legal Definition of going concern

: a business that is in operation

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