professional corporation

American  

noun

1. a corporation formed by one or more licensed practitioners, especially medical or legal, to operate their practices on a corporate plan. PC, P.C.

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Etymology

Origin of professional corporation

First recorded in 1965–70

Example Sentences

Connor Ferguson, whose LinkedIn page lists him as managing partner of First Call Medical Center, cautioned a reporter when reached by phone Friday: “Just be very careful — because it’s an independent company, with Dr. Elfenbein — in implicating First Call, so that’s all I’ll say. Because he operates a professional corporation under Drs ERgent Care.”

From Washington Post

Mr. Cellino sued to dissolve their professional corporation and open his own family firm.

From New York Times

Later on Tuesday, Planned Parenthood and the Women's Med Group Professional Corporation jointly filed a federal complaint to block efforts to shut down two women's health clinics in Southwest Ohio.

From Reuters

"Rather, they're looking for a hands-on partner that can help them transform their family business into a professional corporation, expand into new markets they may be unfamiliar with, and provide world-class operating practices," Nasir said.

From Reuters

LLC as our financial advisor and Wilson Sonsini Goodrich & Rosati, Professional Corporation, as our legal counsel.

From Forbes