Other Meanings
More broadly, a public-benefit corporation could be any corporation that exists for a charitable purpose, though these are generally called non-profit corporations if they are not founded by a government. Some jurisdictions (the U.S. State of Maine, for instance) might define a public-benefit corporation broadly. In California, public-benefit corporations are one of several types of non-profit corporations.
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Famous quotes containing the word meanings:
“An amoeba is a formless thing which takes many shapes. It moves by thrusting out an arm, and flowing into the arm. It multiplies by pulling itself in two, without permanently diminishing the original. So with words. A meaning may develop on the periphery of the body of meanings associated with a word, and shortly this tentacle-meaning has grown to such proportions that it dwarfs all other meanings.”
—Charlton Laird (b. 1901)
“Well, “slithy” means “lithe and slimy.” “Lithe” is the same as “active.” You see, it’s like a portmanteau—there are two meanings packed up into one word.”
—Lewis Carroll [Charles Lutwidge Dodgson] (1832–1898)