unincorporated business

noun

1. a privately owned business, often owned by one person who has unlimited liability as the business is not legally registered as a company

Example Sentences

Staveley, 54, and his accomplice, David Andrew Butziger, 53, filed false applications as the owners of three restaurants and an unincorporated business named Dock Wireless, all with "large monthly payrolls".

Read more on BBC

Court documents also alleged that in early April Butziger filed an application seeking a $105,381 SBA loan under the PPP as the owner of an unincorporated business named Dock Wireless.

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They’re “self-employed individuals operating a very small unincorporated business which may or may not be the owner’s principal source of income,” Grundy writes in a blog for the bureau.

Read more on The Guardian

The legislation, introduced this week, would give eligible individuals, corporations and foundations up to 33 percent tax credits on their D.C. income taxes, unincorporated business franchise taxes or corporation franchise taxes.

Read more on Washington Times

Individuals, corporations and foundations will be eligible to claim up to 33 percent of their investments as a credit against their D.C. income taxes, unincorporated business franchise taxes or corporation franchise taxes.

Read more on Washington Times