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going concern
(redirected from going concerns)

    Also found in: Wikipedia 0.07 sec.
Going Concern
A term for a company that has the resources needed in order to continue to operate. If a company is not a going concern, it means the company has gone bankrupt.

Notes:
In other words, this refers to a company's ability to make enough money to stay afloat. For example, many dotcoms are no longer a going concern.

See also: Bankruptcy
going concern
A business expected to continue operating in the foreseeable future. A going concern is valued differently from a firm for which liquidation is expected.
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