Not-for-profit Organization

Business, Legal & Accounting Glossary

Definition: Not-for-profit Organization


Not-for-profit Organization


Full Definition of Not-for-profit Organization


An incorporated organization which exists for educational or charitable reasons, and from which its shareholders or trustees do not benefit financially. also called non-profit organization.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/not-for-profit-organization/
Modern Language Association (MLA):
Not-for-profit Organization. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 14, 2025 https://payrollheaven.com/define/not-for-profit-organization/.
Chicago Manual of Style (CMS):
Not-for-profit Organization. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/not-for-profit-organization/ (accessed: March 14, 2025).
American Psychological Association (APA):
Not-for-profit Organization. PayrollHeaven.com. Retrieved March 14, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/not-for-profit-organization/

Definition Sources


Definitions for Not-for-profit Organization are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.