auxiliary enterprise definition

auxiliary enterprise means any activity defined in section 1011.47(1), Florida Statutes, and performed by a university or a direct-support organization.
auxiliary enterprise means any activity defined in section 1011.47(1), Florida Statutes, and performed by FGCU or DSOs.
auxiliary enterprise means an entity that exists to furnish goods or services to students, faculty, or staff, and that charges a fee directly related to, although not necessarily equal to, the cost of the goods or services. Examples of auxiliary enterprises are college stores, rental facilities, institutionally operated catering or vending services, and laundries.

More Definitions of auxiliary enterprise

auxiliary enterprise means a business activity that is conducted at a state agency, provides a service to the agency, and is not paid for with appropriated money.
auxiliary enterprise means an enterprise that exists to furnish goods or services to VCCS students, faculty, staff, other institutional departments, or incidentally to the general public, and charges a fee directly related to, although not necessarily equal to, the cost of the goods or services. The distinguishing characteristic of an auxiliary enterprise, as opposed to an Educational & General (E&G) facility is that it is managed to operate as a self-supporting activity. Overtime, the revenues will equal or exceed the expenses, although in any individual year there may be a deficit or a surplus. Examples are residence halls, food services, intercollegiate athletics (only if essentially self-supporting), college stores, faculty clubs, parking, and faculty housing. Student health services, when operated as an auxiliary enterprise, also are included. Hospitals, although they may serve students, faculty, or staff, are classified separately because of their financial significance.
auxiliary enterprise in this policy, means an entity that is managed to operate as a self- supporting activity, that exists predominantly to furnish goods or services to students, faculty, or staff, and that charges a fee directly related to, although not necessarily equal to, the cost of goods or services. The general public may be served incidentally by some auxiliary enterprises.
auxiliary enterprise means an enterprise that exists to furnish goods or services to VCCS students, faculty, staff, other institutional departments, or incidentally to the general public, and charges a fee directly related to, although not necessarily equal to, the cost of the goods or services. The distinguishing characteristic of an auxiliary enterprise, as opposed to an Educational & General (E&G) facility is that it is managed to operate as a self-supporting activity. Overtime, the revenues will equal or exceed the expenses, although in any individual year there may be a deficit or a surplus.
auxiliary enterprise means a business activity that is conducted at the university, provides a service to the university, and is not paid for with appropriated money.
auxiliary enterprise means an entity that exists to furnish goods or services to students, faculty, staff or others; charges a fee directly related to, although not necessarily equal to, the cost of the goods or services and is managed as essentially self-supporting.

Related to auxiliary enterprise

  • micro-enterprise means an enterprise which employs fewer than 10 persons and has an annual balance sheet that does not exceed 2 million Euros.

  • Business enterprise means a firm, sole proprietorship, partnership, association, corporation, company, or other business entity of any kind including, but not limited to, a limited liability corporation, incorporated professional association, joint venture, estate, or trust.

  • Disabled Business Enterprise means a business owned by a person with a disability that is a continuing, independent, for-profit business that performs a commercially useful function, and is at least fifty-one (51%) owned and controlled by one (1) or more persons with a disability, or, in the case of any publicly-owned business, at least fifty one percent (51%) of the stock of which is owned and controlled by one(1) or more persons with a disability and whose management and daily business operations are under the control of one (1) or more persons with a disability.

  • Urban Enterprise Zones means a zone designated by the New Jersey Enterprise Zone Authority pursuant to the New Jersey Urban Enterprise Zones Act, N.J.S.A. 52:27H-60 et. seq.

  • minority business enterprise means any small contractor or supplier of materials fifty-one percent or more of the capital stock, if any, or assets of which is owned by a person or persons: (1) who are active in the daily affairs of the enterprise, (2) who have the power to direct the management and policies of the enterprise, and (3) who are members of a minority, as such term is defined in subsection (a) of Connecticut General Statutes § 32-9n; and