not-for-profit
English
Adjective
not-for-profit (not comparable)
- (of a company or organization) Providing goods or services, but not for the purpose of making a profit.
- 2014 October 1, Donnie Maclurcan, Jennifer Hinton, “Beyond capitalism: not-for-profit business ethos motivates sustainable behaviour”, in The Guardian, →ISSN:
- For-profit capitalism has created social and economic inequality; successful not-for-profit businesses including Mozilla and the Big Issue point to an alternative path[.]
- 2020 December 2, Mark Phillips, “Rebuilding Rail in the 2020s”, in Rail, page 46:
- Formerly [sic – meaning Formally] known as the Rail Safety and Standards Board, the not-for-profit organisation's remit includes managing and developing Railway Group Standards on behalf of the rail industry, leading the development of long-term safety strategy, and supporting cross-industry groups that address major areas of safety risk.
Usage notes
In US usage, not-for-profit organizations are not required to operate for the benefit of the public good (as is the case with non-profit), and may just exist to serve the goals of their members.
Synonyms
Antonyms
Translations
not aiming for profit — see nonprofit
Noun
not-for-profit (plural not-for-profits)
References
- “not-for-profit”, in Lexico, Dictionary.com; Oxford University Press, 2019–2022.
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