Definition of "UBO"
  1. Unincorporated Business Organization: an acronym for a business that isn't formed as a corporation, such as partnerships, limited partnerships, and others
How to use "UBO" in a sentence
  1. The local clothing store operates as a UBO.
  2. UBO is a common business structure for small local businesses.
  3. Considering the nature of their business, they decided to operate as a UBO.

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