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abandoned concern

[əˈbændənd kənˈsɜrn]
nounpl: abandoned concerns
empresa abandonada / negócio abandonado
1. A business, company, or commercial enterprise that has been deserted or left without active management or operation
The abandoned concern had been empty for over five years before demolition.
O negócio abandonado ficou vazio por mais de cinco anos antes da demolição.
2. In legal and financial contexts, a business entity for which the owner has ceased all operations and responsibility
The creditors pursued claims against the abandoned concern's assets.
Os credores perseguiram reclamações contra os ativos da empresa abandonada.
Synonyms
defunct businessdormant enterpriseshuttered companyinactive business
Antonyms
active concernoperating businessthriving enterprisegoing concern

Regional Variations

General Brazilian
empresa abandonada / negócio abandonado
Standard usage in Brazilian Portuguese
São Paulo
negócio desativado
Common in commercial and legal contexts
Rio de Janeiro
estabelecimento abandonado
Emphasizes the physical location aspect
Portugal
empresa encerrada / negócio abandonado
Portuguese tends to use 'encerrada' for formally closed businesses

Related Idioms & Phrases

a going concern (opposite meaning)
to wind up a concern
to dissolve a partnership
cease operations
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