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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berm

Energy; Coal

A small hill or mound of material, can refer to the waste material, if in a pile, after digging a large hole.

self-amortising mortgage

Financial services; General Finance

Mortgage whose entire principal is paid off in a specified period of time with regular interest and principal payments.

epiphyte

Biology; Flowers

A plant which grows upon another plant. The epiphyte does not "eat" the plant on which it grows, but merely uses the plant for structural support, or as a way to get off the ...

Slicer Spoon

Kitchen & dining; Cooking tools

A flat spoon with horizontal grooves on it.

speculative motive

Financial services; General Finance

A desire to hold cash in order to be poised to exploit any attractive investment opportunity requiring a cash expenditure that might arise.

aperture

Astronomy; General astronomy

The size of the primary optical surface of an astronomical instrument (telescope), usually given in inches, centimeters, or meters. In the case of a reflecting telescope, the ...