IPA: /nɒnˈkɔːpəˌreɪt/
KK: /nɑnˈkɔrpərɪt/
Relating to or characteristic of entities that are not corporations or do not operate as corporations.
The noncorporate sector includes small businesses and individual entrepreneurs.
Noncorporate → It is formed from "non-" (meaning not) and "corporate" (from Latin "corporatus", meaning formed into a body). The word "noncorporate" refers to something that is not formed into a body or organization, typically indicating an individual or entity that does not belong to a corporation.
Think of 'non-' meaning 'not' and 'corporate' meaning 'formed into a body' — so noncorporate means not part of a corporate body.