unincorporated

Definition

adjective
referring to a business which has not been made into a company, i.e. which is operating as a partnership or a sole trader

Use unincorporated in a sentence

They were an unincorporated company and that meant that was not good because they were not growing into anything at all.

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Joe's tree service was unincorporated, meaing it did not enjoy the same liability protections as an LLC, partnership, or holding company.

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Since I haven't filed my documents with the secretary of state, for this year I am still treated as unincorporated and don't have the liability protection I planned.

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Keogh Plan proprietor