An entity, weather organized in a corporate form or otherwise, that is engaged in profit-making activities including commercial, industrial, financial, and service-providing activities. In general, for-profit entities provide economic benefits (dividends, distributions, etc.) to directly to their owners, participants, or members, and in proportion to their “respective” shareholdings, participations, et.
In addition to these structure, for-profit entities include mutual cooperative entities and mutual insurance entities, etc.
For-profit entities are also known as profit-oriented entities.
