What is the meaning of PA (Professional Association)?

PA (Professional Association) is a type of corporation that provides most of the benefits of incorporation but do not relieve the participants of professional (malpractice) liability. This type of organization is common among accountants, doctors, and lawyers. Also called Professional Corporation (PC).

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APABarry Goldsmith. (2010). PA (Professional Association). Retrieved September 20, 2026, from http://smartdefine.org/pa_(professional_association)/definitions/1160095
ChicagoBarry Goldsmith. 2010. "PA (Professional Association)" http://smartdefine.org/pa_(professional_association)/definitions/1160095 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, PA (Professional Association), Smart Define, viewed 20 September, 2026, <http://smartdefine.org/pa_(professional_association)/definitions/1160095>.
MLABarry Goldsmith. "PA (Professional Association)" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/pa_(professional_association)/definitions/1160095>