Nonprofit

Pronunciation

Alternative forms

• non-profit

Origin

- + profit.

Full definition of nonprofit

Adjective

1. Not seeking to produce a profit (a financial gain).

Noun

1. An organization that exists for reasons other than to make a profit, such as a charitable, educational or service organization.Employees of a nonprofit rarely make as much as greedy counterparts in the commercial world.If it wasn't subsidized, the nonprofit would be bankrupt.

Synonyms

• not-for-profit
• NPO