Non-profit organizations

Non-profit organizations

Abbreviated as NGO, and also known as not-for-profit organisation; an organisation that does not distribute its surplus capital to shareholders or owners, but instead uses them to pursue its original goals.They are usually exempt from income and property tax and most often include charitable organisations, trade unions and public arts organisations.

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washed coffee

Beverages; Coffee

Coffee prepared by removing the pulp and skin from the beans while the coffee berry is still moist. Most of the world’s greatest coffees are wet-processed.

observer

Sports; Golf

An official who observes a golf match or round to make sure that there is no cheating and that the rules of the game are followed.

vertical management

Business services; Human resources

Organizational structure with primary functions split into departments, each with its own structure.

unmatched book

Financial services; General Finance

If the average maturity of a bank's liabilities is shorter than that of its assets, it is said to be running an unmatched book. The term is commonly used with the Euromarket. Also ...

cyclocross

Sports;

a fall or winter event contested mostly or entirely off pavement. Courses include obstacles, steps, and steep hills that force riders to dismount and run with their bikes.