A not-for-profit organization pays taxes and may make a profit, but those profits are not distributed to its owners or members.
Private clubs, sports organizations, political organizations, and advocacy groups are examples of not-for-profit institutions.
Until it became a publicly traded company in 2006, the New York Stock Exchange was a not-for-profit membership association.
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- margin, Margin requirement, Market, market price, Primary market, Regulation T, Secondary market, Self-regulatory organization (SRO)
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