going-concern value
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 338 U.S. 1 - Kimball Laundry Co. v. United States · 1949Most cited · 956 citing opinions
separate value that its trade routes may have must therefore result from the contribution to the earning capacity of the business of greater skill in management and more effective solicitation of patronage than are commonly given to such a combination of land, plant, and equipment. The product of such contributions is an intangible which may be compendiously designated as 'going-concern value.