going concern

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English

Noun

going concern (plural going concerns)

  1. An operating enterprise.
    • 2009 May 14, “Dilute or die”, in The Economist:
      If the bank does not act swiftly to push the CDS price back down, the regulator seizes the assets, wipes out shareholders and sacks the management. The bank is recapitalised as a going concern and later sold.
    • 2010 February 22, The Guardian:
      At Acromas, the balance sheet is more than £1bn in the red [...] and a pre-tax loss of £300m was recorded in the year to January 2009. But Acromas is still regarded as a viable going concern.

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