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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true lease

Financial services; General Finance

A contract that qualifies as a valid lease agreement under the Internal Revenue Code.

Andromeda galaxy (M 31)

Astronomy; General astronomy

1) A spiral galaxy (kS5 in Morgan's classification) in the Local Group, about 650-700 kpc distant (MV = -21), visible to the naked eye as a fuzzy patch in the constellation of ...

perianth

Plants; Flowers

The sepals and petals of a flower are together called the perianth; literally "around the anthers".

Georgetown

Geography; Capitals

capital of Guyana

balance sheet inventory account

Retail; Others

An account that tracks the value of on-hand inventory.

hit and run

Sports; Baseball

A play on which a runner runs as soon as the pitcher goes into his windup. The batter will try to make contact with the ball, and even if the batter gets out the runner will have ...