a going business

a going business
Going Go"ing, p. pr. of {Go}. Specif.: (a) That goes; in existence; available for present use or enjoyment; current; obtainable; also, moving; working; in operation; departing; as, he is of the brightest men going; going prices or rate. (b) Carrying on its ordinary business; conducting business, or carried on, with an indefinite prospect of continuance; -- chiefly used in the phrases

{a going business},

{concern}, etc. (c) Of or pertaining to a going business or concern; as, the going value of a company. [Webster 1913 Suppl.]


The Collaborative International Dictionary of English. 2000.

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Look at other dictionaries:

  • going business — See going concern …   Ballentine's law dictionary

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  • Going — Go ing, p. pr. of {Go}. Specif.: (a) That goes; in existence; available for present use or enjoyment; current; obtainable; also, moving; working; in operation; departing; as, he is of the brightest men going; going prices or rate. (b) Carrying on …   The Collaborative International Dictionary of English

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  • going-concern concept — in preparing the accounts of a business it is always assumed that the business will continue to operate indefinitely. Accordingly, in accounts prepared on a going concern basis, it is unnecessary to show the current sale value of fixed assets,… …   Law dictionary

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