A company or organization that is formed for purposes other than generating a profit.
Common examples of membership corporations are religious societies and trade unions.
More From encyclopedia.com
Nonprofit , A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonpro… Corporate , corporate •gamut •imamate, marmot •animate •approximate, proximate •estimate, guesstimate, underestimate •illegitimate, legitimate •intimate •penulti… Automotive , Skip to main content Automotive AMERICAN MOTORS CORPORATION BAYERISCHE MOTOREN WERKE A.G. BENDLX CORPORATION CHRYSLER CORPORATION CUMMINS ENGINE CORP… Corporation , Artificial entities that are created by state statute, and that are treated much like individuals under the law, having legally enforceable rights, t… Corporal , corporal •apparel, barrel, carol, Carole, carrel, Carroll, Darrell, Darryl, Farrell •gambrel • spandrel •astral, plastral •cracker-barrel •Errol, fer… GREENMAIL , GREENMAIL A corporation's attempt to stop a takeover bid by paying a price above market value for stock held by the aggressor. Greenmail is a practic…
About this article
Updated About encyclopedia.com content Print Article
You Might Also Like