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

The going concern disclosure is based on a forward-looking technical accounting analysis which considers only funding that has been unconditionally secured as of the date of the assessment. — Cbs Chicago Team, CBS News, 18 Aug. 2026

Still, there are a number of high-profile LIV players who have recently expressed interest in keeping the LIV business operating as a going concern. — Dominic Chu, CNBC, 21 May 2026

When a business is sold as a going concern and continues operating under new ownership, employees must be offered continued employment on the same or substantially similar terms. — Lien De Pau, Forbes.com, 20 May 2026

Unlike in previous years, there was no ‘going concern’ warning from auditors Crowe that cast doubt over the club’s ability to meet short- and medium-term liabilities. — Chris Weatherspoon, New York Times, 31 Mar. 2026

Rhymes for going concern

• overturn
• taciturn
• unconcern
• adjourn
• decern
• discern
• downturn
• extern
• heartburn
• interne
• nocturne
• return

Legal Definition

going concern

noun

going con·​cern

: a business that is in operation