professional corporation
noun
: a corporation organized by one or more licensed individuals (such as a doctor or lawyer) especially for the purpose of providing professional services and obtaining tax advantages
Examples of professional corporation in a Sentence
Recent Examples on the Web
The major challenge for us is that the Kaiser Permanente program is made up of Kaiser Foundation Health Plan and Hospitals, which is centered in Oakland, California, and is a not-for-profit, and all of the Permanente Medical Groups, each of which is an independent professional corporation.
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Christopher Marquis, Forbes, 21 Apr. 2022
This is why the business really needs to be run as a professional corporation in order to grow.
—Christopher Marquis, Forbes, 2 Nov. 2021
Manhattan Gastroenterology is registered as a professional corporation with the state of New York, which means it is owned by doctors.
—Kaiser Health News, oregonlive, 25 Dec. 2019
Christopher Marquis, Forbes, 21 Apr. 2022
This is why the business really needs to be run as a professional corporation in order to grow.
—Christopher Marquis, Forbes, 2 Nov. 2021
Manhattan Gastroenterology is registered as a professional corporation with the state of New York, which means it is owned by doctors.
—Kaiser Health News, oregonlive, 25 Dec. 2019
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'professional corporation.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near professional corporation
Cite this Entry
“Professional corporation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/professional%20corporation. Accessed 18 Apr. 2024.
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