What does "nonprofit" mean?
Ellipsis of nonprofit organization (“an organization that exists for reasons other than to make a profit, such as a charitable, educational or service organization”).
adj, noun ·3 syllables ·Uncommon ·College level
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"Historically, companies have viewed nonprofits primarily as recipients of their philanthropy – usually in the form of cash and product donations, as well as employee volunteers, in exchange for a boost to their reputations or stronger relationships with local stakeholders."
"Here in New York, plush rehabilitation centers literally canvass for big-paying clients whose insurance will cover the average $11,000 to $14,000 cost for a month's treatment. Meanwhile, there are only 12,000 non-profit treatment beds in the state for a conservatively estimated 350,000 addicts."
"Copyright tip #3: The US copyright law lists factors to be considered in determining whether or not a particular use is fair: 1) Commercial or nonprofit purpose; 2) The amount of work used; 3) The effect of use on the potential market."
Ellipsis of nonprofit organization (“an organization that exists for reasons other than to make a profit, such as a charitable, educational or service organization”).
Common synonyms include: not-for-profit, aclu, audubon, charitable, charitable sector, charity.
Copyright tip #3: The US copyright law lists factors to be considered in determining whether or not a particular use is fair: 1) Commercial or nonprofit purpose; 2) The amount of work used; 3) The effect of use on the potential market.
From non- + profit.