Hide login
Glossary of Terms
C
Username

Password

Not Yet Registered?
You can have access to our in-depth exclusive content on NQDC in just a few clicks.
X
Forgotten Password?
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
Random Term
Pass-through entity

A business structure in which the profits and losses are passed through to the owners, who pay taxes on them individually (e.g. a partnership, a limited liability company, or an S corporation). This contrasts with a C corporation, which pays taxes on its income directly instead of passing taxes to the owners. All of these types of entities can use nonqualified deferred compensation in some form.