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 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 But the pressure to make the race seem competitive and to anoint various challengers as threats to Trump will remain a going concern of a political media that needs something to talk about over the long haul toward the inevitable. Alex Shephard, The New Republic, 1 Sep. 2023 The brothers drew up plots of land in their model colony, inviting their fellow Canadians to come and grow oranges, and organize agricultural co-ops — the big Sunkist plant here was a going concern for about 80 years. Patt Morrison, Los Angeles Times, 10 Aug. 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.

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Cite this Entry

“Going concern.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/going%20concern. Accessed 18 Apr. 2024.

Legal Definition

going concern

noun
going con·​cern
: a business that is in operation
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