Going-concern Capital vs. Gone-concern Capital
English translation: capital for an ongoing business or for a business in extinction
| 17:02 Jun 20, 2012 |
| English language (monolingual) [PRO] Bus/Financial - Economics | |||||||
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|  Selected response from: Martin Riordan Brazil Local time: 22:35 | ||||||
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| SUMMARY OF ALL EXPLANATIONS PROVIDED | ||||
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| 4 +1 | capital for an ongoing business or for a business in extinction |
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| Summary of reference entries provided | |||
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| going vs. gone |
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| Discussion entries: 3 | |
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Answers
8 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1| going-concern capital vs. gone-concern capital capital for an ongoing business or for a business in extinction Explanation: You will find a good explanation at the link below. "The capital proposals draw a distinction between Tier 1 Capital, which is referred to in parenthetical references as “going-concern capital”, and Tier 2 Capital, which is referred to in parenthetical references as “gone-concern capital” – that is, capital that acts as support for depositors in receivership, bankruptcy or liquidation but has less of a role in preserving the bank as a going concern." Reference: http://blogs.law.harvard.edu/corpgov/2010/01/07/basel-commit... |
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Reference comments
11 mins |
| Reference: going vs. gone Reference information: going concern Definition Currently operating business that is expected to continue to function as such and remain viable in the foreseeable future. Read more: http://www.businessdictionary.com/definition/going-concern.h... gone concern Definition Defunct firm or one in the process of being wound up. Debts of such firms become due immediately in full, their market value is determined on the basis of auction or liquidation value of their tangible assets, and their goodwillcounts for nothing. Read more: http://www.businessdictionary.com/definition/gone-concern.ht... |
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