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Simple English definitions for legal terms

going-concern value

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A quick definition of going-concern value:

Going-concern value refers to the worth of a business or its assets as an active enterprise with the potential to earn profits in the future, rather than just the value of its assets if they were sold off. This includes things like goodwill. It is important to consider going-concern value when valuing a business for sale or other purposes.

A more thorough explanation:

Definition: The value of a commercial enterprise's assets or of the enterprise itself as an active business with future earning power, as opposed to the liquidation value of the business or of its assets.

Example: A company that is profitable and has a strong customer base has a higher going-concern value than a company that is struggling and has few customers. This is because the profitable company has the potential to continue earning money in the future, while the struggling company may not.

Explanation: Going-concern value is the value of a business as an ongoing concern, taking into account its potential to generate future profits. It is important to distinguish this value from the liquidation value, which is the value of a business if it were to be sold off in parts. The example illustrates how a company's profitability and customer base can affect its going-concern value. A profitable company with a strong customer base is more likely to continue generating profits in the future, and therefore has a higher going-concern value than a struggling company with few customers.

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THATS SO FUNNY
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JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
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the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
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im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
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@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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