going concern
US /ˈɡoʊɪŋ kənˈsɜrn/
UK /ˈɡoʊɪŋ kənˈsɜrn/
1.
a business that is operating and making money, and is expected to continue to do so in the foreseeable future
:
•
The auditor's report confirmed the company was a going concern.
•
Despite recent losses, management believes the business remains a going concern.