not-for-profit

Definition

Providing goods or services, but not for the purpose of making a profit.

Etymology

From not + for-profit.

Example Sentences

• "For-profit capitalism has created social and economic inequality; successful not-for-profit businesses including Mozilla and the Big Issue point to an alternative path[.]"
• "Formerly ^([sic – meaning Formally]) known as the Rail Safety and Standards Board, the not-for-profit organisation's remit includes managing and developing Railway Group Standards on behalf of the rail industry, leading the development of long-term safety strategy, and supporting cross-industry groups that address major areas of safety risk."