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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UNSECURED is obligation backed not by collateral but only by the integrity of the borrower. Opposite of secured.

PREMIUM BOND is a bond selling above its par value or its value at maturity.

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