The Collaborative International Dictionary of English v.0.48:

Ongoing \On"go`ing\, n.
   The act of going forward; progress; (pl.) affairs; business;
   current events.
   [1913 Webster]

         The common ongoings of this our commonplace world, and
         everyday life.                           --Prof.
                                                  Wilson.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

ongoing \on"go`ing\, a.
   Occurring at present; progressing; in progress; continuing;
   not past, completed, or future; as, an ongoing petition
   drive; an ongoing effort.
   [PJC]

WordNet (r) 3.0 (2006):

on-going
    adj 1: currently happening; "an ongoing economic crisis" [syn:
           ongoing, on-going]