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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induction

Business services; Human resources

The process for introducing a new employee to the organization, potentially including a rundown of company procedures, speech by senior employee, office tour etc.

unique diversification benefit

Financial services; General Finance

Reduction in the likelihood of financial distress for a conglomerate firm that comes with its diversified investments.

bonk

Sports;

a state of severe exhaustion caused mainly by the depletion of glycogen in the muscles because the rider has failed to eat or drink enough. Once it occurs, rest and ...