Search in full dictionary
RUNNING CONCERN
RUNNING CONCERN
ScnTUEU
a coined variation of
going concern
, a
group
or
establishment
that is expanding or
operating
in a
smooth
manner; an
organization
that is in
actual
production
. A concern here means an
establishment
,
organization
or the like, and going (as it relates to an
organization
) means actively carrying on its ordinary activities, conducting
affairs
with the
prospect
of indefinite continuance.