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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average cost

Retail; Others

An accounting cost method achieved by calculating or recalculating a weighted average of the cost of all inventory items currently in stock. This cost is recalculated each time ...

grand slam

Sports; Baseball

A home run when there are 3 men on base, so four runs are scored.

bullseye

Sports; Shooting

This is the center circle of the target in pistol, rifle or running-target events. A bullseye is worth 10 points.

European preparation

Beverages; Coffee

The process of hand-preparing coffee through which imperfect beans, pebbles, and other foreign matter are removed.

Santos, Bourbon

Beverages; Coffee

A high quality, washed coffee from Brazil that is usually shipped through the port of Santos. This coffee is usually grown in the State of Sao Paulo or northern Minas Gerais.