Going Concern
Legal Definition and Related Resources of Going Concern
☑️ This definition is part of the content of Lawi's courses, guides, tools and other solutions and the world's leading and largest online law dictionary. It offers legal definitions, synonyms, word origins, translations, meanings, example sentences, and more. It is considered a trusted authority, a broad glossary of legal terms and an unsurpassed guide for professionals, students and researchers in any discipline related to law and, in general, to the social sciences. Do you like what you read? Can I ask a favor from you? Like and share it with your family and friends so that others can discover it too. If you have been forwarded this text, please subscribe here.
Meanings, Synonyms, Etymology, Translations and More
Meaning of Going Concern
A corporation or a firm that is continuing to transact its ordinary business.
Going Concern Alternative Definition
A business establishment which continues to transact its ordinary business, though it may be embarrassed, or even insolvent. 30 Fed. 865,
Related Entries of Going Concern in the Lawi Project
Browse or run a search for Going Concern in the legal resources (including dictionaries and American law definitions), the Asian legal platform, the European law platform, the British legal resources or the Latin American and Spanish platform and publications (Lawi) about law in the world.
Going Concern in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Going Concern in historical law and the evolution of legal systems (study).
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Going Concern in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
You might be also interested in these legal terms:
Mentioned in these terms
.
Browse
You might be interested in these references tools, listed by resource (with its description) here:
Going Concern in the Dictionary: Going Concern in our legal dictionaries
Browse the Legal Thesaurus: Find synonyms and related words of Going Concern
Legal Maxims: Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law
Legal Answers (Q&A): A community-driven knowledge creation process, of enduring value to a broad audience
Related topics: Going Concern in this project about law in the world (Lawi)
Notice
This definition of Going Concern is based on the The Cyclopedic Law Dictionary. This entry needs to be proofread.
Vocabularies (Semantic Web Information)
Learn from the following resources (with their descriptions):
Topic Map: A group of names, occurrences and associations
Topic Tree: A topic display format, showing the hierarchy
Sitemap Index: Sitemap Index, including Taxonomies
https://dictionarylaw.substack.com/p/going-concern/: The URI of Going Concern (more about URIs)
Going Concern Definition (in the Accounting Vocabulary)
The New York State Society of Certified Public Accountants offers the following definition of Going Concern in a way that is easy for anybody to understand: Assumption that a business can remain in operation long enough for all of its current plans to be carried out.
What is Going Concern?
A definition of going concern is: An enterprise which is being carried on as a whole, and with some particular object in view. More details on the Encyclopedia. The term refers to an existing solvent business, which is being conducted in the usual and ordinary way for which it was organized. More details on the Encyclopedia. When applied to a corporation, it means that it continues to transact its ordinary business. More details on the Encyclopedia. A firm or corporation which, though financially embarrassed, continues to transact its ordinary business.[1]
Resources
Professional Content and Learning Tools
Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
Notes
"Going Concern" in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989)