How do you spell going concern?

The term “going concern is a legal term which refers to a corporation whose activities are sufficient to continue to operate without interruption. If a corporation is not able to meet its financial obligations, it can file for bankruptcy, which ends its activities as a going concern.

How do u spell going concern?

A going concern is a company that continues to exist and operate under the same business name and does not enter bankruptcy or enter any other kind of insolvency proceedings. This is often the goal of a business, especially a larger business, as it allows for its operations to continue as usual. However, a going concern must have sufficient capital for its operations and needs to maintain a sufficient level of debt that it could continue to function if it were to run out of money.

How do u say going concern?

If you’re looking to spell going concern, you can use the IPA phonetic spelling guide or just look it up in your phone’s dictionary. If you’re looking for a way to spell it in all caps, just add an ‘E’ at the beginning of the word.

How to say going concern in Spanish slang?

The term “going concern” may sound intimidating, but it essentially refers to a company that is still in business. If a company is still operating and generating income, it is said to be going concern. When you refer to a company as going concern, it implies that the company is not under the threat of bankruptcy and will continue to meet its financial obligations.

What does going concern mean?

It’s best to start by spelling the term “going concern” correctly. The term refers to a business that can continue to operate as a going concern, or legally, even after its owners have gone out of business.