Social Enterprise

Community Interest Company (CIC)
A Community Interest Company (CIC) is a special type of limited company that exists primarily to benefit the community or with a social purpose, rather than to maximize profit for shareholders.
Third Sector
The third sector encompasses non-governmental, not-for-profit organizations, differentiating it from both the profit-making private sector and the governmental public sector.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.