political action committee (PAC)

political action committee (PAC) definition - business

political action committee (PAC)

A political group associated with special-interest groups such as unions and corporations (but not political parties) that raises money in order to promote its members' views.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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