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Từ vựng:

nonprofit organization

Giải nghĩa:

/nɒnˈprɒfɪt ˌɔːɡənaɪˈzeɪʃən/ – Phrase


Definition: Tổ chức phi lợi nhuận.

A more thorough explanation: an organisation that uses its surplus funds to help achieve its goals, and which does not issue shares or dividends etc to its owners

Example: As the school is run as a nonprofit organization, parents pay what they can towards fees.