Not-For-Profit: A not-for-profit organization pays taxes and may make a profit, but those profits are not distributed to its owners or members. Private clubs, sports organizations, political organizations, and advocacy groups are examples of not-for-profit institutions. Until it became a publicly traded company in 2006, the New York Stock Exchange was a not-for-profit membership association.

 

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Not-For-Profit: A not-for-profit organization pays taxes and may make a profit, but those profits are not distributed to its owners or members. Private clubs, sports organizations, political organizations, . . . View Full Definition

Chicago Stock Exchange (CHX): A not-for-profit corporation owned by its members. Its primary functions are to provide a location for trading futures and options, to collect and disseminate market information, to maintain . . . View Full Definition

Credit Watch: A not-for-profit institution that is operated as a cooperative and offers financial services such as low-interest loans, to its members.

Joint Commission On Accreditation Of Healthcare Organizations (JCAHO): The JCAHO is an independent, not-for-profit organization whose mission is to improve the quality of care provided to the public through the provision of health care accreditation and related . . . View Full Definition