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Definitions
Non-profit institution (NPI)
A legal or social unit intended for the production of goods whose status does not permit it to use profits or other financial earnings as a source of income. In practice, its productive activities will generate financial surpluses or deficits, buy any surpluses may not be used for other institutional units.
Explanation:
A legal or social unit intended for the production of goods whose status does not permit it to use profits or other financial earnings as a source of income. In practice, its productive activities will generate financial surpluses or deficits, buy any surpluses may not be used for other institutional units.