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Look up: going-concern

  1. going concern
    [Noun] A company or project that will stay in business and not be closed down.
    Example: The pharmacy was sold as a going concern.
    Found on http://www.bbc.co.uk/skillswise/glossary

  2. Going Concern
    Basis on which insolvency practitioners prefer to sell a business. Effectively it means the business continues, jobs are saved, and a higher price is obtained.
    Found on http://www.insolvencyhelpline.co.uk/info

  3. Going Concern
    The Transfer of Undertakings (Protection of Employment) Regulations 1981 ('TUPE') apply where an undertaking (business) is sold as a going concern (as opposed to a sale of assets or a sale of shares) or where a unit within a business is contracted-out (outsourced) or where the contractor is changed. In the event of such a transfer, the employment rights (except pensions) of those employed by the seller immediately prior to the transfer are preserved and become the responsibility of the buyer. Dismissal in connection with the transfer gives the employee a right to claim unfair/wrongful dismissal against the transferee. What a 'going concern' is, is a matter of fact but transfer of goodwill is usually the key criterion. Prior to the transfer, there are obligations to consult with the appropriate representatives of the employees who may be affected.
    Found on http://www.clickdocs.co.uk/glossary/goin

  4. Going Concern
    Basis on which insolvency practitioners prefer to sell a business. Effectively it means the business continues, jobs are saved, and a higher price is obtained.
    Found on http://insolvencyhelpline.co.uk/info-cen

  5. Going concern
    Accounting concept that states a business should be valued on the basis that it will be continuing in business and able to use its assets for their intended purpose. The alternative would be a break-up basis which sets values according to what the assets could be sold for immediately - this is often much less than their value would be if they were ...
    Found on http://www.hiebusiness.co.uk/bdotg/actio

  6. Going Concern
    A basis on which a licensed insolvency practitioner will sell a business. Effectively it means the business continues, jobs are saved, and a higher price is obtained.
    Found on http://www.cranfieldbusinessrecovery.co.

  7. Going Concern
    Where a company is trading and making a profit.
    Found on http://www.wilsonfield.co.uk/individual/

  8. Going concern
    The assumption for the purposes of accounting or valuation, or the fact in the case of a sale, that a business will continue to operate....more on Going concern
    Found on http://moneyterms.co.uk/d/

  9. Going concern
    accounting idea that a business should be valued on the basis that it will be continuing to trade and able to use its assets for their intended purpose. The alternative is a break-up basis, which sets values according to what the assets could be sold for immediately
    Found on http://www.businessballs.com/businesscon

  10. Going concern
    A `going concern` is a business that functions without the intention or threat of liquidation for the foreseeable future, usually regarded as at least within 12 months.
    Found on http://en.wikipedia.org/wiki/Going_conce

  11. Going Concern
    - Assumption that a business can remain in operation long enough for all of its current plans to be carried out.
    Found on http://www.nysscpa.org/prof_library/guid

  12. going concern
    The idea that a company will continue to operate indefinitely, and will not go out of business and liquidate its assets.…
    Found on http://www.oenb.at/dictionary/termini.js


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23 November 2009

This day in history:
At sixteen minutes past five on 23rd November 1963, a British television institution was born. Doctor Who would go on to become the longest-running science-fiction programme in the world, eventually spawning twenty six seasons of adventures from 1963 to 1989. In total, eight actors have played the part of Gallifrey's most famous Time Lord. From the very first - William Hartnell in 1963 - to the very last - Paul McGann, in the 1996 TV Movie - the Doctor has wandered through time and space in his trusty time machine, an old type-40 TARDIS (Time and Relative Dimensions in Space). Although appearing to be nothing more than a battered blue police box, it is in fact vastly bigger on the inside than on the outside, and always departs with its familiar wheezing, groaning sound. read more

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