Moldboard plow type is usually determined by the method in which the plow is attached to the tractor and by the way it is lifted and carried. The basic types are: 1.Three wheel trailing type â attached to the standard tractor drawbar and carried on its own three wheels. 2.Mounted or integral â most use a three-point hitch and have a rear wheel in use only when plowing.
Also found in: Dictionary, Thesaurus, Financial, Wikipedia. Related to nonprofit: Nonprofit organizations. A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive. Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law.
Nonprofit charitable organizations are curious institutions in American law, defined more by what they arenât than what they are, because of the way the Internal Revenue Code has evolved. If you think about it, a nonprofit institution is: not for profit, exempt from taxes, and not a private foundation. So what does this mean, and how does it work? Terminology of 501(c)(3) Organizations. Nonprofit (or not-for-profit). This term doesnât mean that an organization canât take in more money than it spendsâwhat we usually think of as âprofit.â If that were the requirement, most, if not all, nonprofits would soon fail.