The Law Dictionary

GOING CONCERN

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

An ongoing business that is not in significant danger of ceasing to conduct business. A business entity that currently conducts business in the ordinary course. … [Read more...]

GNP

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Gross National Product … [Read more...]

GOING PRIVATE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

To take a publicly held company and convert it into a privately held company and taken off of a public exchange. … [Read more...]

GOOD

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

1. Valid; sufficient In law; effectual ; unobjectionable. 2. Responsible; solvent; able to pay an amount specified. 3. Of a value corresponding with its terms; collectible. A note is said to be "good" when the payment of it at maturity may be relied on. Curtis v. Smallman, 14 Wend. (N. Y.) 232; Cooke v. Nathan, 16 Barb. (N. Y.) 344. Writing the word "Good" across the face of a … [Read more...]

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