Meanings of unincorporated businesses in English

Household credit-market debt includes consumer credit, mortgages, loan debts of households, non-profit institutions serving households and unincorporated businesses.

The cash basis scheme for sole traders and other unincorporated businesses will be extended to allow for a simpler way of managing financial affairs.

The consequence of this is the slow and painful death of small unincorporated businesses as opposed to an orderly sale or wind-down of the enterprise.