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Nonprofit
adj, noun
Definitions
Adjective
- 1 Not seeking to produce a profit (a financial gain). not-comparable
"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."
Adjective
- 1 not commercially motivated wordnet
Noun
- 1 Ellipsis of nonprofit organization (“an organization that exists for reasons other than to make a profit, such as a charitable, educational or service organization”). abbreviation, alt-of, ellipsis
"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."
- 2 an organization chartered for other than profit-making activities wordnet
Etymology
Etymology 1
From non- + profit.
Etymology 2
From non- + profit.
See also for "nonprofit"
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