professional corporation


professional corporation

noun

Definition of PROFESSIONAL CORPORATION

:  a corporation organized by one or more licensed individuals (as a doctor or lawyer) especially for the purpose of providing professional services and obtaining tax advantages

First Known Use of PROFESSIONAL CORPORATION

1970

professional corporation

noun    (Medical Dictionary)

Medical Definition of PROFESSIONAL CORPORATION

: a corporation organized by one or more licensed individuals (as a doctor, dentist, or physical therapist) especially for the purpose of providing professional services and obtaining tax advantages—abbreviation PC

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