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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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hiring freeze
Business services; Human resources
When all non-essential hiring is put on hold. This can allow employers to consolidate and restructure current departments.
Uniform Transfers to Minors Act (UTMA)
Financial services; General Finance
A law similar to the Uniform Gifts to Minors Act that extends the definition of gifts to include real estate, paintings, royalties, and patents.
