What is another word for going concern?

Pronunciation: [ɡˌə͡ʊɪŋ kənsˈɜːn] (IPA)

"Going concern" refers to the presumption that a company will continue to operate for the foreseeable future. Some synonyms for "going concern" include "operational continuity," "ongoing existence," and "persistent operation." Other terms that are often used to describe this concept include "business sustainability," "longevity," and "continued viability." In the world of financial reporting, "going concern" refers to a company's ability to meet its financial obligations and pay its debts over an extended period of time. Ultimately, the term is used to assess whether a company is financially stable enough to continue operating in the long-term.

What are the hypernyms for Going concern?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the opposite words for going concern?

Going concern refers to a company or business entity that is financially stable and expected to continue operating in the foreseeable future. The antonyms for going concern include words such as bankrupt, liquidate, dissolve, and close down. Bankruptcy refers to the legal process in which a person or business entity becomes insolvent and unable to pay their debts. Liquidation is the process of selling off a company's assets in order to pay off its debts. Dissolve refers to the termination of a business entity by legal means, while close down indicates the cessation of operations of a business or shop. Overall, going concern is the opposite of financial instability and is therefore vital for success in the business world.

What are the antonyms for Going concern?

Famous quotes with Going concern

  • Thirty years ago dinner theatre used to be much more of a going concern than it is now.
    Ted Shackelford

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