Going Concern
A term for a company that has the resources needed in order to continue to operate indefinitely. If a company is not a going concern, it means the company has gone bankrupt.
Also known as "Going Concern Value". Investopedia Says:
In other words, this refers to a company's ability to make enough money to stay afloat or avoid bankruptcy. For example, many dotcoms are no longer going concern companies. Related Terms:
Bankruptcy
Common Stock
Cook The Books
Corporation
Liquidation |