Going concern
Ballentine's Law Dictionary · James A. Ballentine · 1916
Ballentine's Law Dictionary
A corporation which is still prosecuting its business with the prospect of continuing to do so, even though its assets are insufficient to pay its debts.
See 99 Ala. 68, 42 Am. St. Rep. 29, 23 L. R. A. 618, 11 South. 350.