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
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Is this version of Three Days Grace a going concern, then? Gary Graff, Billboard, 20 Aug. 2025 But because this is not solely within Kodak’s control, U.S. GAAP accounting rules required the addition of a line about its future as a going concern. Mark Faithfull, Forbes.com, 15 Aug. 2025 But until around 8:04 p.m. Pacific Standard Time, John Mulaney versus three teen boys was still a going concern. Bethy Squires, Vulture, 29 May 2025 The company acknowledges substantial doubt about its ability to continue as a going concern due to recurring losses and a working capital deficit. Quartz Intelligence Newsroom, Quartz, 4 Apr. 2025

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“Going concern.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/going%20concern. Accessed 9 Sep. 2025.

Legal Definition

going concern

noun
going con·​cern
: a business that is in operation
Last Updated: - Updated example sentences
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