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social enterprise

SOH-shul EN-ter-pryz

ˈsoʊʃəl ˈɛntərpraɪz

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Syllable breakdown

socialenterprise

Dictionary meaning

business that prioritizes social, environmental, or community objectives alongside or above financial profit; reinvests the majority of surpluses into its mission rather than distributing them to shareholders; operates in the marketplace to generate revenue while explicitly pursuing systemic change

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