Economics Part B

NFO - (Not For Profit Organization)

Initials of Not-for-profit organization.

This refers to an organization the purpose of which is not to derive profits for its owners. Profits, should there be any, are designated solely for extending the activities of the NFO.

Examples of NFO's: charitable organizations, organizations helping the needy, support for art and culture etc.

NFO - (Not For Profit Organization)562NFO - (Not For Profit Organization)