Meaning of the word "going concern" in English
What does "going concern" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
going concern
US /ˈɡoʊɪŋ kənˈsɜrn/
UK /ˈɡoʊɪŋ kənˈsɜrn/
Noun
1.
a business that is operating and making money, and is expected to continue to do so in the foreseeable future
Example:
•
The auditor's report confirmed the company was a going concern.
•
Despite recent losses, management believes the business remains a going concern.
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