non-profit organization

non-profit organization definition - finance
An organization, such as a charity, that is not established to make a profit. The term doesnÂ’t necessar-ily refer to an organization that is charitable; it could refer to activities to save the environment or preserve historical sites.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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