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| has gloss | eng: A non-stock corporation is a corporation that does not have owners represented by shares of stock. That type of corporation is called a stock corporation. Instead, a non-stock corporation typically has members, who are the functional equivalent of stockholders in a stock corporation (they have the right to vote, etc.) Non-stock corporations may also choose to have no members. All not-for-profit corporations are non-stock corporations. While rare, it is possible for a for-profit corporation to be a non-stock corporation. |
| lexicalization | eng: non-stock corporation |
| lexicalization | eng: Nonstock Corporation |
| instance of | c/Commercial corporations |
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