The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

GOING CONCERN VALUE Definition & Legal Meaning

Definition & Citations:

An operating, normally functioning business’ worth to a buyer. This worth is usually more than the sum of the market’s liquidation value of this entity’s assets. It is viewed as excess value and is recorded in accounting as a firm’s goodwill. This worth comes from market pluses, stated as good reputation, trained and retained workforce, successful processes, proven systems, solid operational equipment, and necessary licenses and permits coverage.


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