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Glossary   >   G   >   "Going Concern" Definition            Going Concern A term for a company that has the resources needed in order to continue to operate. If a company is not a going concern, it means the company has gone bankrupt. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Going Concern - A term for a company that has the resources needed in order to continue to operate. If a company is not a going concern, it means the company has gone bankrupt.