GOING CONCERN VALUE Definition

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GOING CONCERN VALUE is the value of a business enterprise that is expected to continue to operate into the future. The intangible elements of Going Concern Value result from factors such as having a trained work force, an operational plant, and the necessary licenses, systems, and procedures in place.

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VMI see VENDOR MANAGED INVENTORY.

COMMERCIAL LOAN is a short-term business loan usually issued for a term of up to six months.

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