nonprofit


nonprofit
non-profit ˌnon-ˈprofit also ˌnon ˈprofit-ˌmaking adjective [only before a noun] FINANCE
a non-profit organization is one with aims that are not related to business or making a profit. These organizations usually work in education, health etc; = not-for-profit AmE:

• a non-profit low-income-housing organization

— nonprofit noun [countable usually plural] :

• grants for Asian nonprofits

* * *

Ⅰ.
nonprofit UK US (also non-profit) /ˌnɒnˈprɒfɪt/ adjective (also non-profit-making, not-for-profit) SOCIAL RESPONSIBILITY
not aiming to make a profit, but working to help people or to achieve an improvement in something: a nonprofit agency/corporation/organization »

It is now a world-wide non-profit organisation whose mission is to help business become sustainable.

a nonprofit program/research »

This is a nonprofit program that encourages disadvantaged students to stay in school.

Compare FOR-PROFIT(Cf. for-profit)
Ⅱ.
nonprofit UK US (also non-profit) /ˌnɒnˈprɒfɪt/ noun [C] SOCIAL RESPONSIBILITY
an organization that does not aim to make a profit, but works to help people or to achieve an improvement in something: »

Donations are tax-deductible because it is a federally approved nonprofit.

Compare CHARITY(Cf. ↑charity)
See Note CHARITY(Cf. ↑charity)

Financial and business terms. 2012.

Look at other dictionaries:

  • nonprofit — adjective altruistic, beneficent, benevolent, charitable, eleemosynary, humanitarian, munificent, philanthropic, public service associated concepts: nonprofit corporation Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • nonprofit — [nän΄präf′it] adj. expressly established for or done as public service, charitable work, etc. and not for earning a profit [a nonprofit organization] n. a nonprofit organization …   English World dictionary

  • nonprofit — nonprofít adj. invar. Trimis de gall, 07.02.2008. Sursa: DOOM 2 …   Dicționar Român

  • nonprofit — non|prof|it1 [ nan prafıt ] adjective * a nonprofit organization has goals that do not include making a profit nonprofit non|prof|it 2 [ nan prafıt ] noun count a nonprofit organization …   Usage of the words and phrases in modern English

  • nonprofit — adjective Date: 1896 not conducted or maintained for the purpose of making a profit < a nonprofit organization > • nonprofit noun …   New Collegiate Dictionary

  • nonprofit — /non prof it/, adj. 1. not established for the purpose of making a profit; not entered into for money: a nonprofit institution. n. 2. a nonprofit organization, institution, corporation, or other entity. [1900 05; NON + PROFIT] * * * …   Universalium

  • nonprofit — 1. adjective not seeking to produce a profit 2. noun An organization that exists for reasons other than to make a profit, such as a charitable, educational or service organization. Employees of a nonprofit rarely make as much as greedy… …   Wiktionary

  • nonprofit — non•prof•it [[t]nɒnˈprɒf ɪt[/t]] adj. 1) cvb not established for the purpose of making a profit 2) cvb a nonprofit organization • Etymology: 1900–05 …   From formal English to slang

  • nonprofit — I noun an organization chartered for other than profit making activities • Syn: ↑nonprofit organization, ↑not for profit • Hypernyms: ↑organization, ↑organisation II adjective …   Useful english dictionary

  • nonprofit — I (Roget s IV) modif. Syn. charitable, altruistic, humane, public service; see generous 1 , philanthropic . II (Roget s 3 Superthesaurus) a. not for profit, funded, underwritten, supported, sponsored, public service, subsidized, charitable,… …   English dictionary for students