unincorporated business organization (UBO)

Definition of "unincorporated business organization (UBO)"
  1. A business that has not undergone the legal process to become a corporation
How to use "unincorporated business organization (UBO)" in a sentence
  1. Jane decided to form an unincorporated business organization for her bakery shop.
  2. Unincorporated business organization suits best for solo entrepreneurs.
  3. The tax implications for an unincorporated business organization are different from those for a corporation.
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