Going concern
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
A firm or corporation which, though embarrassed or even insolvent, continues to transact its ordinary business.
White, etc., Mfg. Co. v. Pettes Importing Co. (C. G.) 30 Fed. 865; Corey v. Wadsworth, 99 Ala. 68, 11 South. 350, 23 L. R. A. 618, 42 Am. St. Ren. 55.