In accounting, economics, law, and real property, âprofitâ and ârevenueâ are defined with a slight difference.Basically, âprofitâ refers to the amount earned left over after all the expenses are taken out in a particular time frame.n accounting, economics, law, and real property, âprofitâ and ârevenueâ are defined with a slight difference.
Investment promotion agency. An investment promotion agency (IPA) is most often a government agency (or occasionally a non-profit organization functioning similar to a chamber of commerce or business consulting corporation) whose mission is to attract investment to a country, state, region or city.
Medical Staff Legal Advisor, June 2, 2004. IPA, which stands for independent practice association, is an organization usually established primarily to contract with third party payers. It is a legal vehicle developed to allow physicians who have no other corporate or legal relationship (hence the term independent) to constitute themselves as a group for contracting purposes.