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What is "a going business"

The Collaborative International Dictionary
a going business

Going \Go"ing\, p. pr. of Go. Specif.:

  1. That goes; in existence; available for present use or enjoyment; current; obtainable; also, moving; working; in operation; departing; as, he is of the brightest men going; going prices or rate.

  2. Carrying on its ordinary business; conducting business, or carried on, with an indefinite prospect of continuance; -- chiefly used in the phrases

    a going business,

    concern, etc.

  3. Of or pertaining to a going business or concern; as, the going value of a company.